Amyris rises on workforce reduction plan, CEO resignation

Amyris

26/06/2023 15:23

** Shares of biotech firm Amyris  AMRS.O  rise as much as
7.3% to $1.18; Stock last up ~4%
    ** Co to implement workforce reduction to cut costs
    ** Also, CEO John Melo steps down from his role and from the
board, effective immediately
    ** AMRS appoints Han Kieftenbeld as interim executive chief
    ** Stock has fallen over 24% so far in 2023

 (Reporting by Anne Florentyna Gnanaraja Sekar in Bengaluru)
 ((AnneFlorentyna.GnanarajaSekar@thomsonreuters.com;))