Nov 13 (Reuters) - InCoax Networks AB INCOAX.ST:
INCOAX ACCELERATES PATH TO COMMERCIALIZATION AND PROFITABLE GROWTH
IS REDUCING HEADCOUNT AND REALLOCATING RESOURCES TOWARD SALES, PARTNERSHIPS AND DELIVERY CAPABILITIES
REDUCTION MAINLY CONCERNS CONSULTANTS BUT ALSO SOME EMPLOYEES, WITH EFFECTS BEGINNING IN Q1 OF 2026 AND CONTINUING TO GRADUALLY MATERIALIZE DURING FIRST HALF OF YEAR
IN TOTAL, MEASURES ARE EXPECTED TO REDUCE COST BASE BY APPROXIMATELY SEK 24 MILLION IN 2026
Source text: ID:nWkr9XcjQB
Further company coverage: INCOAX.ST
(Gdansk Newsroom)
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