Dec 30 (Reuters) - AgJunction Inc AJX.TO :
* Announces 20% workforce reduction after successful completion of merger
* Says cash cost of the program is estimated at $0.6 million
* Implementing program which will consolidate operations and redundant
resources reducing global workforce by about 20% by end of q3-2016
* Says upon completion, synergies from the program are estimated to lower total
expenses by approximately $3.3 million per annum
* Program to take place over first 9 months of 2016, with the bulk of the costs
being recorded in the fourth quarter of 2015
* Source text for Eikon ID:nCNWn1P6Na
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