Brief: Tusimple Holdings Says Following Workforce Reduction Per Restructuring Plan, Global Full-Time Employees Are Expected To Be About 750 Ftes

CreateAl Holdings

18/05/2023 13:10

May 18 (Reuters) - TuSimple Holdings Inc  TSP.O :
    * TUSIMPLE HOLDINGS - FOLLOWING WORKFORCE REDUCTION PER
RESTRUCTURING PLAN, GLOBAL FULL-TIME EMPLOYEES ARE EXPECTED TO
BE ABOUT 750 FTES
    * TUSIMPLE HOLDINGS - MAJORITY OF RESTRUCTURING CHARGES PER
RESTRUCTURING PLAN WILL BE RECORDED IN Q2 OF 2023
    * TUSIMPLE HOLDINGS - FULL EXECUTION OF RESTRUCTURING PLAN
WILL BE
SUBSTANTIALLY COMPLETE BY END OF FISCAL YEAR 2023
    * TUSIMPLE HOLDINGS - NASDAQ HAS INFORMED CO THAT ITS
HEARING
BEFORE HEARINGS PANEL IS SCHEDULED FOR JUNE 22, 2023

Source text for Eikon:  ID: 
Further company coverage:  TSP.O 

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