Brief: Bigblu Broadband Announces Workforce Reduction Of About 30% In Norwegian Business & 75% In Uk Head Office

Bigblu Broadband

29/08/2023 07:28

Aug 29 (Reuters) - Bigblu Broadband PLC  BBB.L :
    * H1 REVENUE ROSE 0.5 PERCENT TO 15.0 MILLION STG
    * H1 LOSS PER SHARE 3.3 PENCE VERSUS 1.1 PENCE LOSS YEAR AGO
    * ACTIVELY UNDERTAKEN A REORGANISATION OF NORWEGIAN BUSINESS
AND
RESTRUCTURED CENTRAL COSTS WITHIN BUSINESS
    * REDUCTION IN NORWEGIAN WORKFORCE OF APPROXIMATELY 30%, AND
A
REDUCTION OF C.75% OF OUR UK HEAD OFFICE

Source text for Eikon:  ID:nRSc5490Ka 
Further company coverage:  BBB.L 

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