Brief: Tusimple Holdings Inc - As Of March 15, Had About $1 Billion Of Cash And Short-Term Investments (Unaudited) As Of December 31, 2022
March 15 (Reuters) - TuSimple Holdings Inc TSP.O :
* TUSIMPLE HOLDINGS INC - AS OF MARCH 15, HAD ABOUT $1
BILLION OF
CASH AND SHORT-TERM INVESTMENTS (UNAUDITED) AS OF DECEMBER 31,
2022
* TUSIMPLE HOLDINGS INC - EXPECTS THAT DECEMBER 2022
REDUCTION IN
WORKFORCE WOULD DRIVE BETWEEN $55 MILLION AND $65 MILLION OF
CASH COMPENSATION SAVINGS
Source text: [ID:https://m5.gs/YjJCTk]
Further company coverage: TSP.O
((Reuters.Briefs@thomsonreuters.com;))
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