Brief: Quantum-Si- Terminating approximately 12% of its workforce, effective Q1 2023

Quantum-Si

30/01/2023 21:41

Jan 30 (Reuters) - Quantum-Si Inc  QSI.O :
    * QUANTUM-SI INC - COMMITTED TO ORGANIZATIONAL RESTRUCTURING
DESIGNED TO DECREASE COSTS & CREATE MORE STREAMLINED
ORGANIZATION TO SUPPORT ITS BUSINESS
    * QUANTUM-SI INC - CO IS TERMINATING APPROXIMATELY 12% OF
ITS
WORKFORCE, EFFECTIVE IN THE FIRST QUARTER OF 2023
    * QUANTUM-SI INC - COMPANY CURRENTLY ESTIMATES IT WILL INCUR
UP TO
$1.0 MILLION OF COSTS

Source text for Eikon:  ID: 
Further company coverage:  QSI.O 
 ((Reuters.Briefs@thomsonreuters.com;))