Brief: Arcimoto Announces Next Phase Of Strategic Restructuring Plan
20/10/2022 14:18
Oct 20 (Reuters) - Arcimoto Inc FUV.O :
* ARCIMOTO ANNOUNCES NEXT PHASE OF STRATEGIC RESTRUCTURING
PLAN
AND OPERATIONAL MILESTONE
* ARCIMOTO INC - REDUCED OPERATIONS SPEND & COMMENCED A
WORKFORCE
REDUCTION, WHICH ARE EXPECTED TO REDUCE ANNUAL EXPENSES BY ABOUT
$20 MILLION
Source text for Eikon: ID:nGNXpHM48
Further company coverage: FUV.O
((Reuters.Briefs@thomsonreuters.com;))
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