GRAND RAPIDS, Mich. – Height-adjustable workplace furniture specialist AMQ has unveiled a new showroom in West Michigan. With the new space, along with its partnership with West Elm, the company is targeting small-to-medium-sized business, which it says represents a growing portion of the workforce.

“AMQ’s commitment to small and medium sized businesses is what has driven us to work so hard over the past six months to create furnishings that address these employees’ specific needs,” said Ryan Vander Ploeg, vice president of marketing product development. “Although we regularly see and hear anecdotal evidence that SMBs embrace a slightly different work style from their large company counterparts, we wanted to be driven by the data when it came to developing products – and designing a workspace – that meets their needs.”

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Hyderabad: 27th May, 2023: Steelcase, the global design and thought leader in the world of work, announced the opening of its flagship dealer showroom in Hyderabad. In partnership with Seating World, the expansive Steelcase multi-level showroom in Hyderabad further solidifies Steelcase’s presence in India and Asia Pacific cities, with showrooms in Bangalore, Mumbai, Delhi, Tokyo, Shanghai, Beijing, Hong Kong, Singapore and Sydney.

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Steelcase (NYSE:SCS) disclosed:

On May 3, 2023, in response to persisting inflationary pressures and decreasing plant utilization in Europe, the Middle East and Africa (“EMEA”), the Board of Directors of Steelcase Inc . (the “Company”) approved plans for workforce reductions in France. These plans involve the reduction of approximately 40 to 50 salaried roles. The Company expects to incur approximately $10 million to $13 million in pre-tax restructuring charges in connection with these actions, consisting of cash severance payments and payment of other separation-related benefits. The Company has initiated procedures with the French central works council and will work closely with the French Labor Administration for approval of these actions. Depending on the timing of such approval, the actions are expected to be completed by the end of the Company’s fiscal year 2024, with most of the departures expected to be completed by the end of the third quarter of the Company’s fiscal year 2024. The Company anticipates annualized savings from these actions will be approximately $4 million to $5 million when fully implemented.

GRAND RAPIDS, Mich., April 17, 2023 (GLOBE NEWSWIRE) — Steelcase Inc. (NYSE: SCS) will hold an Investor Day event Thursday, May 4, 2023, at the Steelcase WorkLife Center, 4 Columbus Circle, New York, NY. The event will also be available by live webcast. Presentations by Sara Armbruster, President and CEO, and other Steelcase management will begin at 9:00 a.m. ET.

Registration for the event is available on the company’s website under Events & Presentations at http://ir.steelcase.com. A recording of management presentations and Q+A will be available on the website shortly after the event concludes.

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