Brief: Accuray Reduces About 4.5% Of Its Global Workforce

Accuray Incorporated

01/12/2022 21:32

Dec 1 (Reuters) - Accuray Inc  ARAY.O :
    * INFORMED EMPLOYEES OF COST SAVING INITIATIVE DESIGNED TO
REDUCE
OPERATING COSTS THROUGH ELIMINATION OF ABOUT 4.5% OF ITS GLOBAL
WORKFORCE
    * COMPANY EXPECTS TO SUBSTANTIALLY COMPLETE THE COST SAVING
INITIATIVE IN THE SECOND QUARTER OF FISCAL 2023
    * COMPANY ESTIMATES THE TOTAL COST OF THIS INITIATIVE TO BE
APPROXIMATELY $2.0 MILLION

Further company coverage:  ARAY.O 
 ((Reuters.Briefs@thomsonreuters.com))