Caesarstone Announces Global Growth Acceleration Plan; 7% Workforce Cut

Caesarstone Ltd., an Israel-based developer and manufacturer of engineered quartz surfaces, recently announced its Global Growth Acceleration Plan, which includes a 7 percent cut to its global workforce. The restructuring came as the company announced a net loss of $405,000 on revenues of $128.1 million in this year’s first quarter. Caesarstone executives … Read more