Brief: Blink Charging Announces Workforce Reduction To Accelerate BlinkForward Initiative And Strengthen Global Market Position
19/05/2025 13:25
May 19 (Reuters) - Blink Charging Co BLNK.O: BLINK CHARGING ANNOUNCES WORKFORCE REDUCTION TO ACCELERATE BLINKFORWARD INITIATIVE AND STRENGTHEN GLOBAL MARKET POSITION BLINK CHARGING CO - TO REDUCE GLOBAL WORKFORCE BY 20% BLINK CHARGING CO - RESTRUCTURING EXPECTED TO SAVE OVER $11 MILLION ANNUALLY BLINK CHARGING CO - RESTRUCTURING COSTS ESTIMATED BETWEEN $1 MILLION AND $1.5 MILLION BLINK CHARGING CO: WORKFORCE REDUCTION EXPECTED TO BE COMPLETED BY END OF 3Q25 Source text: ID:nGNX6pqG9M Further company coverage: BLNK.O ((Reuters.Briefs@thomsonreuters.com;))
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