Brief: Bakkt Holdings, On May 2, Announced Reduction Expected To Result In The Termination Of 28 Employees

Bakkt

03/05/2024 21:37

May 3 (Reuters) - Bakkt Holdings Inc  BKKT.N :
    * BAKKT HOLDINGS INC - ON MAY 2, ANNOUNCED REDUCTION IN
FORCE THAT
IS EXPECTED TO RESULT IN THE TERMINATION OF 28 EMPLOYEES
    * BAKKT HOLDINGS INC - REDUCTION IN FORCE REPRESENTS
APPROXIMATELY
13% OF THE COMPANY’S NON-CALL CENTER, FULL-TIME WORKFORCE
    * BAKKT HOLDINGS INC -ESTIMATES THAT IT WILL INCUR EXPENSES
IN A
RANGE OF $0.8 MILLION TO $1.0 MILLION RELATED TO THE REDUCTION
IN FORCE

Source text for Eikon:  ID:n0001193125-24-130799 
Further company coverage:  BKKT.N 

 ((Reuters.Briefs@thomsonreuters.com;))