NEW YORK (MarketWatch) -- Omnicare Inc. (OCR) Friday said it plans to close 17 facilities, and reduce its workforce by about 3.7% as part of a previously disclosed restructuring plan. The company said its workforce stood at 20,000 as of August 31. The Covington, Ky., company expects to record a restructuring charge of $20 million, pre-tax, from the plan. The provider of long-term care and pharmacy services for the elderly anticipates 93% of the job cuts will come from its pharmacy operations. The stock closed Thursday at $56.20, up 15 cents.
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