Brief: Nkgen Biotech Says Co Placed 19 Employees On Furlough
30/10/2024 22:04
Oct 30 (Reuters) - Nkgen Biotech Inc NKGN.O :
* NKGEN BIOTECH INC - ON OCT 24, CO PLACED 19 EMPLOYEES ON
FURLOUGH, EFFECTIVE OCTOBER 27
* NKGEN BIOTECH INC - PLANS FOR FURLOUGH TO LAST FROM
OCTOBER 27
THROUGH NOVEMBER 9
* NKGEN BIOTECH - CO'S INABILITY TO PAY ITS PAYROLL
OBLIGATIONS
MAY RESULT IN EMPLOYEES TERMINATING RELATIONSHIP WITH CO AND/OR
PURSUING LEGAL REMEDIES
Source text: ID:n0001213900-24-092361
Further company coverage: NKGN.O
((Reutersbriefs@thomsonreuters.com;))
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