Brief: Kronos Bio Approves 83% Workforce Reduction As Part Of A Strategic Resource Allocation And Cost Containment Plan
27/11/2024 12:17
Nov 27 (Reuters) - Kronos Bio Inc KRON.O :
* KRONOS BIO - APPROVES 83% WORKFORCE REDUCTION AS PART OF A
STRATEGIC RESOURCE ALLOCATION AND COST CONTAINMENT PLAN
* KRONOS BIO INC - NORBERG BISCHOFBERGER RESIGNS AS
PRESIDENT AND
CEO
* KRONOS BIO INC -IN CONNECTION WITH REDUCTION IN WORKFORCE,
CO
EXPECTS TO INCUR CHARGE OF APPROXIMATELY $3.7 MILLION
* KRONOS BIO INC - CFO DEBORAH KNOBELMAN APPOINTED PRESIDENT
AND
INTERIM CEO
Further company coverage: KRON.O
((Reuters.Briefs@thomsonreuters.com;))
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