BRIEF-California Resources Corp Announces Functional Realignment And Streamlining Of Leadership Team
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* CALIFORNIA RESOURCES CORP (CRC) - IS REDUCING SIZE OF ITS LEADERSHIP TEAM AND REALIGNING SEVERAL FUNCTIONS AS IT FOCUSES ON EFFICIENCY AND COST REDUCTIONS
* CALIFORNIA RESOURCES CORP (CRC) - ELIMINATING LEADERSHIP POSITIONS IN AREAS OF PUBLIC AFFAIRS, EXPLORATION AND DEVELOPMENT, INVESTOR RELATIONS AND FINANCE
* CALIFORNIA RESOURCES (CRC) - ORGANIZATIONAL CHANGES, WHEN FULLY
IMPLEMENTED, EXPECTED TO REDUCE CO'S RUN RATE COSTS BY
APPROXIMATELY
* CALIFORNIA RESOURCES CORP (CRC) - ORGANIZATIONAL CHANGES, WHEN
FULLY
IMPLEMENTED, ARE EXPECTED TO RESULT IN ONE-TIME CHARGES OF
APPROXIMATELY