Brief: Innoviz Announces Optimization of Operations to Accelerate Path to Profitability
04/02/2025 14:24
Feb 4 (Reuters) - Innoviz Technologies Ltd INVZ.O :
* INNOVIZ TECHNOLOGIES LTD: REALIGNMENT ACTIONS TO BE
IMPLEMENTED
DURING FIRST HALF OF 2025
* INNOVIZ TECHNOLOGIES LTD: REALIGNMENT ACTIONS EXPECTED TO
REDUCE CASH OUTLAYS BY ABOUT $12 MILLION ON AN ANNUALIZED BASIS
* INNOVIZ TECHNOLOGIES LTD: PLANS TO DECREASE ITS EMPLOYEE
HEADCOUNT BY APPROXIMATELY 9%
Source text: ID:nPn859c5Ba
Further company coverage: INVZ.O
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