June 30 (Reuters) - Scout Gaming Group AB SCOUT.ST :
* RESTRUCTURING AND REORGANIZATION
* CARRYING OUT AN EXTENSIVE CHANGE IN ITS ORGANIZATION,
BRINGING
ABOUT A SIGNIFICANT REDUCTION IN NUMBER OF EMPLOYEES AND
CONSULTANTS
* AT END OF Q1 OF THIS YEAR SGG HAD 131 FULL TIME EMPLOYEES,
AFTER
DECISION MADE IN COMPANY'S BOARD, ORGANIZATION WILL DECREASE TO
63 FULL TIME EMPLOYEES
* FURTHER A NEW MANAGEMENT GROUP WILL BE FORMED WHICH
BESIDES CEO
WILL CONTAIN MANAGEMENT POSITIONS FOR FINANCE, SALES AND PRODUCT
* SECONDARY EFFECT OF THIS RESTRUCTURING CONSISTS OF A COST
SAVING
OF APPROXIMATELY SEK 32 MILLION ON AN ANNUAL BASIS (COMPARED TO
PERSONNEL COSTS IN Q1 OF CURRENT YEAR)
* REDUCTIONS ARE MADE WITHIN ALL DEPARTMENTS AND IN BOTH
OPERATIONAL OFFICES LOCATED IN BERGEN AND LVIV, AS WELL AS
WITHIN EMPLOYEES WHO ARE REMOTE EMPLOYEES
Source text for Eikon: ID:nWkr2QtX3q
Further company coverage: SCOUT.ST
(Gdansk Newsroom)
((gdansk.newsroom@thomsonreuters.com; +48 58 772 0920;))