Brief: Praemium Ltd Announces Organisational Restructure Focusing On Technology Division
16/02/2026 10:36
Feb 16 (Reuters) - Praemium Ltd PPS.AX: ORGANISATIONAL RESTRUCTURE FOCUSING ON TECHNOLOGY DIVISION RESTRUCTURING, ONCE IT HAS BEEN IMPLEMENTED, IS ANTICIPATED TO REDUCE HEADCOUNT BY AROUND 15% ARMENIA REDUCTION IS EXPECTED TO FURTHER REDUCE HEADCOUNT BY AROUND 13% OFF PRE-RESTRUCTURE BASE ANY SAVINGS IN 2026 FY WILL BE OFFSET BY REDUNDANCY COSTS, EXPECTED TO BE A$3.3 MILLION Further company coverage: PPS.AX ((Reuters.Briefs@thomsonreuters.com;))
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