Sturm Ruger Needs More Hands to Make Guns

barrons.com/livecoverage/stock-market-today-050824/card/sturm-ruger-needs-more-hands-to-make-guns-ZmpkQ8wFdXDc1F50lLcs

Sturm Ruger is slashing its workforce because of weakness in the gun market, but the company still needs more help in manufacturing.
The company cut about 80 jobs in the first quarter, meant to boost profits as gun sales fall and margins slip. Still, the company notes that about half of the affected workers were able to be reassigned to direct manufacturing positions, given…

This story appeared on barrons.com, .
The Entire Business World on a Single Page. Free to Use →