Brief: Huuuge To Lay Off About 10% Of Group's Employees By End Of April

Huuuge

21/03/2023 06:32

March 21 (Reuters) - HUUUGE INC  HUGP.WA :
    * SAID ON MONDAY HUGE GAME'S MANAGEMENT RESOLVED TO CARRY
OUT
GROUP REDUNDANCIES AND LAUNCH A CONSULTATION PROCEDURE ON
COLLECTIVE REDUNDANCIES 
    * LAYOFFS IN UNIT TO TAKE PLACE BY THE END OF APRIL 2023 AND
TO
AFFECT ABOUT 10% OF GROUP'S EMPLOYEES AS AT END OF DECEMBER 2022
    * FINAL IMPACT OF EMPLOYMENT RESTRUCTURING ON THE COMPANY'S
FINANCIAL RESULTS TO BE PRESENTED IN H1 2023 CONSOLIDATED
FINANCIAL STATEMENT 

        
 Source text for Eikon:  urn:newsml:reuters.com:*:nEM7fWZFca
 Further company coverage:  HUGP.WA