Brief: Bio-Works To Reduce Number Of Employees To 40 As Part Of Reorganization

Bio-Works Technologies AB

29/05/2023 08:33

May 29 (Reuters) - Bio-Works Technologies AB
 BIOWKS.ST :
    * BIO-WORKS IMPLEMENTS RESTRUCTURING PROGRAM
    * REORGANIZATION WILL REDUCE NUMBER OF EMPLOYEES IN
BIO-WORKS FROM
52 TO 40.
    * NEW ORGANIZATION IS EXPECTED TO POSITIVELY AFFECT
COMPANY'S COST
STRUCTURE BY APPROXIMATELY SEK 13 MILLION ANNUALLY
    * CHANGES WILL BE IMPLEMENTED IN JUNE 2023 AND ARE EXPECTED
TO
TAKE EFFECT FROM AUTUMN 2023

Source text for Eikon:  ID:nMFN7LxrW6 
Further company coverage:  BIOWKS.ST 

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