Brief: Hyzon Motors To Focus On Cost Reduction Efforts, Including Workforce Reduction
24/06/2024 21:04
June 24 (Reuters) - Hyzon Motors Inc HYZN.O :
* HYZON REALIGNING COMPANY STRATEGY TO FOCUS ON CORE NORTH
AMERICAN MARKETS AND REFUSE INDUSTRY
* HYZON MOTORS INC - REVIEWING INTERNATIONAL MARKETS FOR
CONSOLIDATION WHILE ADVANCING STRATEGIC ALTERNATIVES ASSESSMENT
* HYZON MOTORS INC - WILL CONTINUE TO FOCUS ON COST
REDUCTION
EFFORTS AND MANAGING LIQUIDITY, INCLUDING A REDUCTION IN WORK
FORCE
* HYZON MOTORS INC - STRATEGIC OPTIONS COULD INCLUDE SALE
OF CO
AND/OR A DIVESTITURE OF EUROPE & AUSTRALIA/NEW ZEALAND
BUSINESSES & UNITS
Source text for Eikon: ID:nPnxZk1Ha
Further company coverage: HYZN.O
((reuters.briefs@thomsonreuters.com;))
Recent news on Hyzon Motors
See all newsBrief: Hyzon Motors Names Christian Mohrdieck As President And Acting CEO
Brief: Hyzon Motors CFO Eligible For Special Incentive To Assist With Potential Sale Of IP, Intangible Assets
Brief: Hyzon Motors To Be Delisted From Nasdaq
Brief: Hyzon Motors To Wind Down, Liquidate Operations In Shanghai
Brief: Hyzon Motors Substantial Doubt Still Exists About Ability To Continue As A Going Concern - SEC Filing