Brief: Elliptic Laboratories Plans Cost Reductions, Organizational Changes
Jan 27 (Reuters) - Elliptic Laboratories ASA ELABS.OL: PLANS COST REDUCTIONS AND ORGANIZATIONAL CHANGES TO IMPLEMENT LAYOFFS AND ORGANIZATIONAL ADJUSTMENTS ADJUSTMENTS EXPECTED TO RESULT IN ANNUALIZED REDUCTIONS OF ABOUT 15% IN COMBINED PERSONNEL AND OTHER OPERATING EXPENSES Source text: ID:nMFN6Xqt7c Further company coverage: ELABS.OL (Gdansk Newsroom) ((gdansk.newsroom@thomsonreuters.com;))