Brief: LumiraDx Announces Strategic Refocus And Cost Restructuring Program

LumiraDx

06/04/2023 14:40

April 6 (Reuters) - LumiraDx Ltd  LMDX.O :
    * LUMIRADX ANNOUNCES STRATEGIC REFOCUS AND COST
RESTRUCTURING
PROGRAM
    * LUMIRADX LTD - UNDER COST RESTRUCTURING PROGRAM, LUMIRADX
WILL
FURTHER REDUCE ITS GLOBAL WORKFORCE BY APPROXIMATELY 40%
    * LUMIRADX LTD - UNDER COST RESTRUCTURING PROGRAM, LUMIRADX
WILL
FURTHER REDUCE ITS GLOBAL WORKFORCE BY APPROXIMATELY 40%
    * LUMIRADX LTD - WILL CONTINUE IMPLEMENTATION OF OPERATING
COST
REDUCTIONS
    * LUMIRADX LTD - COST RESTRUCTURING PROGRAM IS EXPECTED TO
RESULT
IN ABOUT $36 MILLION IN ANNUALIZED SAVINGS

Source text for Eikon:  ID:nGNXY4b3W 
Further company coverage:  LMDX.O 

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