Based on information given to Wall street presentation, the company needs to shed 300 MM in costs. The R&D facility in New Jersey is 50+ years old but millions have been sunk into the facility through years of renovations and the building of a huge... — read more
Layoffs last year
It's a bit dated but you may want to check this out... Cuts are happening from time to time at IFF https://www.marketwatch.com/story/international-flavors-to-cut-jobs-as-profit-rises-2017-02-15
Who has more info on the reorg?