Brief: Personalis Board Approved A Reduction In Company’S Workforce Of Up To 65 Employees

Personalis

01/12/2023 22:29

Dec 1 (Reuters) - Personalis Inc  PSNL.O :
    * PERSONALIS INC - BOARD OF CO APPROVED A REDUCTION IN
COMPANY’S
WORKFORCE OF UP TO 65 EMPLOYEES
    * PERSONALIS INC - REDUCTION IN WORKFORCE IS EXPECTED TO BE
SUBSTANTIALLY COMPLETED BY THE END OF JANUARY 2024
    * PERSONALIS INC - ESTIMATES WILL INCUR CHARGES OF ABOUT $4
MILLION FOR SEVERANCE PAYMENTS AND EMPLOYEE BENEFITS, PRIMARILY
IN THE FOURTH QUARTER OF 2023

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Further company coverage:  PSNL.O 

 ((Reuters.Briefs@thomsonreuters.com;))