Leave it to a New York-based executive like Chris Kubasik, L3 Technologies' chief operating officer, to get to the point when describing his company’s ongoing reorganization and staff cuts. “Sometimes you have to take some short-term charges such as restructuring or severance to position a company for a longer-term growth,” Kubasik said Oct. 26 during the company’s latest financial results report. In L3’s recently completed third quarter, L3 combined ...

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