Sturm, Ruger & Co. implemented job cuts earlier this year. The firearms manufacturer disclosed these layoffs in its first-quarter earnings report. This "reduction-in-force" occurred in February as part of a restructuring effort. The company aims to improve efficiency and support long-term growth. Ruger recorded $2.5 million in severance and related expenses.
Southport, Connecticut
https://hartfordbusiness.com/article/ct-gunmaker-ruger-discloses-layoffs-amid-restructuring-efforts/