Item 8.01. Other Events.
On December 11, 2008, Furniture Brands International, Inc. (the "Company")
announced a reduction in its workforce of approximately 1,400 employees, or 15%
of its domestic employee population. As a result of the workforce reduction, the
Company expects to incur severance costs of $8 to $9 million. Substantially all
of these costs will be recognized in the fourth quarter of 2008.
A copy of the Company's press release announcing the workforce reduction is
filed as Exhibit 99.1 to this report on Form 8-K.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
Exhibit No. Description
99.1 Press Release of the Company dated December 11, 2008.
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