Brief: NCS Multistage Holdings Says Implemented Workforce Reduction Resulting In Termination Of About 50 Employees
06/05/2020 23:35
May 6 (Reuters) - NCS Multistage Holdings Inc NCSM.O :
* NCS MULTISTAGE HOLDINGS INC - IMPLEMENTED A WORKFORCE
REDUCTION
RESULTING IN TERMINATION OF ABOUT 50 EMPLOYEES
* NCS MULTISTAGE HOLDINGS INC - EXPECTS TO INCUR A ONE-TIME
CASH
SEVERANCE COST BETWEEN $1.2 MILLION AND $1.4 MILLION
Source: (https://bit.ly/2W9XADd)
Further company coverage: NCSM.O
((Reuters.Briefs@thomsonreuters.com;))
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