Brief: NanoString Technologies Says On Nov 4, Committed To A Reduction In Force Expected To Result In Termination Of Approximately 10% Of Co's Global Workforce

NS Wind Down Co

07/11/2022 23:03

Nov 7 (Reuters) - NanoString Technologies Inc  NSTG.O :
    * NANOSTRING TECHNOLOGIES- ON NOV 4, COMMITTED TO A
REDUCTION IN
FORCE EXPECTED TO RESULT IN TERMINATION OF APPROXIMATELY 10% OF
CO'S GLOBAL WORKFORCE
    * NANOSTRING TECHNOLOGIES - IN CONNECTION WITH REDUCTION IN
FORCE,
CURRENTLY ESTIMATES IT WILL INCUR BETWEEN ABOUT $3.0 MILLION AND
$4.0 MILLION OF COSTS

Further company coverage:  NSTG.O 
 ((Reuters.Briefs@thomsonreuters.com;))