Brief: Lucira Health Inc - On Oct 20, Board Approved Reduction In Force Involving 56 Employees, Representing Approximately 25.0% Of The Company’S Workforce

Lucira Health

01/11/2022 22:02

Nov 1 (Reuters) - Lucira Health Inc  LHDX.O :
    * LUCIRA HEALTH INC - ON OCT 20, BOARD APPROVED REDUCTION IN
FORCE
INVOLVING 56 EMPLOYEES, REPRESENTING APPROXIMATELY 25.0% OF THE
COMPANY’S WORKFORCE
    * LUCIRA HEALTH INC - ON OCT 31, CO NOTIFIED SUCH EMPLOYEES
OF
THIS REDUCTION IN FORCE
    * LUCIRA HEALTH - REDUCTION IS PART OF CO’S INITIATIVES TO
RE-BALANCE COST STRUCTURE & EXPECTS REDUCTION IN FORCE WILL BE
COMPLETED BY DECEMBER 30, 2022

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