Brief: Mercury Systems To Cut About 100 Positions

Mercury Systems

17/01/2024 21:14

Jan 17 (Reuters) - Mercury Systems Inc  MRCY.O :
    * MERCURY SYSTEMS INC - ON JANUARY 12, 2024, WE APPROVED AND
INITIATED A WORKFORCE REDUCTION THAT WILL ELIMINATE
APPROXIMATELY 100 POSITIONS
    * MERCURY SYSTEMS INC -  WORKFORCE REDUCTION  RESULTING IN
EXPECTED RESTRUCTURING CHARGES OF APPROXIMATELY $10 - 12 MILLION
    * MERCURY SYSTEMS INC: NAMED CHARLES R. WELLS, IV AS
EXECUTIVE
VICE PRESIDENT, CHIEF OPERATING OFFICER, EFFECTIVE JAN 22
    * MERCURY SYSTEMS INC - ADOPTED A PLAN TO CONSOLIDATE OUR
MISSION
SYSTEMS AND MICROELECTRONICS DIVISIONS INTO ONE UNIFIED
STRUCTURE

Further company coverage:  MRCY.O 

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