Brief: Molekule Group Inc On September 18 Commenced A Plan To Reduce Company's Headcount By Approximately 15%
20/09/2023 11:41
Sept 20 (Reuters) - Molekule Group Inc MKUL.O :
* MOLEKULE GROUP INC- ON SEPTEMBER 18, CO COMMENCED A PLAN
TO
REDUCE COMPANY'S HEADCOUNT BY APPROXIMATELY 15%
* MOLEKULE GROUP INC- WORKFORCE REDUCTION, INCLUDING RELATED
CASH
PAYMENTS, WILL BE SUBSTANTIALLY COMPLETE BY DECEMBER 31, 2023
* MOLEKULE GROUP- BOARD OF CO AUTHORIZED CO’S MANAGEMENT TO
COMMENCE PREPARATION OF VOLUNTARY PETITION UNDER CHAPTER 11 OF
THE U.S. BANKRUPTCY CODE
Source text: [ID:https://bit.ly/45WArFK]
Further company coverage: MKUL.O
((Reuters.Briefs@thomsonreuters.com;))
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