Note 4. Restructuring

Fiscal Year 2020

There were no restructuring activities during the fiscal year ended October 31, 2020.

Fiscal Year 2019

On April 12, 2019, the Company undertook a reorganization, which included a reduction in force of 135 employees, which represented 30% of the Company’s global workforce. The workforce was reduced at the North American production facility in Torrington, Connecticut, as well as at the corporate offices in Danbury, Connecticut and at remote locations. There was no restructuring expense recorded because no severance was provided in connection with the reduction in force.

Fiscal Year 2018

There were no restructuring activities during the fiscal year ended October 31, 2018.