Brief: Impinj says Reduction-In-Force Affecting Approximately 10% Of Employees

Impinj

08/02/2024 22:20

Feb 8 (Reuters) - Impinj Inc  PI.O :
    * IMPINJ INC -  REDUCTION-IN-FORCE AFFECTING APPROXIMATELY
10% OF
COMPANY'S EMPLOYEES
    * IMPINJ INC -  EXPECTS REDUCTION-IN-FORCE CHARGES,
COMPRISING
PRIMARILY SEVERANCE BENEFITS, TO BE IN RANGE OF $1.7 MILLION TO
$2.0 MILLIO
    * IMPINJ INC -  EXPECTS MOST OF CHARGES TO BE RECOGNIZED IN
FIRST
AND SECOND FISCAL QUARTERS OF 2024

Source text for Eikon:  ID:n0000950170-24-012779 
Further company coverage:  PI.O 

 ((Reuters.Briefs@thomsonreuters.com;))