Brief: Accuray Says Co Cutting About 5.9% Global Workforce

Accuray Incorporated

26/10/2023 11:21

Oct 26 (Reuters) - Accuray Inc  ARAY.O :
    * ACCURAY INC-ON OCT 25, CO INFORMED AFFECTED EMPLOYEES OF
COST
SAVINGS INITIATIVE, WHICH RESULTED IN ELIMINATION OF ABOUT 5.9%
OF CO'S GLOBAL WORKFORCE
    * ACCURAY INC - COMPANY EXPECTS TO SUBSTANTIALLY COMPLETE
COST
SAVINGS INITIATIVE IN Q2 OF FISCAL 2024
    * ACCURAY INC - ESTIMATES TOTAL COST OF INITIATIVE TO BE
APPROXIMATELY $2.5 MILLION, WHICH IS EXPECTED TO BE RECORDED IN
Q2 OF FISCAL 2024

Further company coverage:  ARAY.O 

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