Brief: Allied Healthcare Products On December 19, 2022, Approved A Reduction In Force

Allied Healthcare Products

22/12/2022 20:07

Dec 22 (Reuters) - Allied Healthcare Products Inc
 AHPI.O :
    * ALLIED HEALTHCARE PRODUCTS INC - ON DECEMBER 19, 2022, CO
APPROVED A REDUCTION IN FORCE
    * ALLIED HEALTHCARE PRODUCTS INC - UNABLE AT THIS TIME TO
ESTIMATE
THE FULL AMOUNT OF SUCH CHARGES AND IMPAIRMENTS
    * ALLIED HEALTHCARE PRODUCTS INC - COMPANY DOES NOT EXPECT
TO
INCUR MATERIAL SEVERANCE OBLIGATIONS FROM FORCE REDUCTIONS
    * ALLIED HEALTHCARE PRODUCTS - EXPECTS TO INCUR MATERIAL
ADDITIONAL COSTS IN ASSOCIATION WITH ACTIONS PURSUANT TO THE
REDUCTION IN FORCE
    * ALLIED HEALTHCARE PRODUCTS INC -  REDUCTION IN FORCE WILL
RESULT
IN THE TERMINATION OF SUBSTANTIALLY ALL OF THE COMPANY’S UNION
EMPLOYEES
    * ALLIED HEALTHCARE PRODUCTS- REDUCTION IN FORCE TO IMPACT
EMPLOYEES OF ST. LOUIS, MISSOURI MANUFACTURING FACILITIES
    * ALLIED HEALTHCARE PRODUCTS INC -  REDUCTION IN FORCE WILL
IMPACT
CERTAIN EMPLOYEES OF ITS ADMINISTRATIVE OFFICES

Source text for Eikon:  ID: 
Further company coverage:  AHPI.O 
 ((Reuters.Briefs@thomsonreuters.com;))