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Unifi Streamlines Organization

Unifi Streamlines OrganizationUnifi Inc., Greensboro, N.C., is restructuring its organization to improve its long-term competitiveness. By trimming the number of managerial categories from eight to four, Unifi expects to streamline its decision-making process, and improve information flow and individual involvement with products and customers. A company-wide elimination of 400 domestic jobs is expected to save $20 million annually in compensation costs. June 2003