Brief: Modular Medical Implements Employee Lay-Off And Position Elimination
13/03/2026 21:37
March 13 (Reuters) - Modular Medical Inc MODD.O: MODULAR MEDICAL INC - IMPLEMENTS EMPLOYEE LAY-OFF AND POSITION ELIMINATION ON MARCH 12, 2026 - SEC FILING MODULAR MEDICAL INC - REDUCTIONS IMPACT 20 POSITIONS, OR 29% OF WORKFORCE - SEC FILING MODULAR MEDICAL INC - ESTIMATES NON-RECURRING CHARGES OF $0.1 MILLION-$0.2 MILLION FOR REDUCTIONS BY QUARTER ENDING JUNE 30, 2026 - SEC FILING MODULAR MEDICAL INC - EXPECTS ANNUAL OPERATING EXPENSES TO DECREASE BY ABOUT $3.4 MILLION - SEC FILING Further company coverage: MODD.O ((Reuters.Briefs@thomsonreuters.com;))