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    SLEEP — Sleep Cycle AB (publ) News Story

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    Brief: Sleep Cycle Launches Cost-Efficiency Measures

    Picture of Sleep Cycle AB (publ) logoSleep Cycle AB (publ)
    15/05/2023 08:34
    May 15 (Reuters) - Sleep Cycle AB (publ)  SLEEP.ST :
    * SLEEP CYCLE LAUNCHES COST-EFFICIENCY MEASURES FOR
INCREASED
PROFITABILITY AND CONTINUED GROWTH
    * EXPECTED TO BE FULLY IMPLEMENTED BY Q4 2023
    * COST EFFICIENCY PROGRAM IS TO AFFECT ABOUT TEN POSITIONS,
DECREASED INVESTMENTS IN NON-CORE ACTIVITIES AND REDUCED
MARKETING SPENDING
    * IMPACT ON SUBSCRIPTION GROWTH IS EXPECTED TO BE LIMITED
    * TOTAL SAVINGS ARE ESTIMATED TO CA SEK 25M ON FULL-YEAR
BASIS

Source text for Eikon:  ID:nWkr5PJZLp 
Further company coverage:  SLEEP.ST 

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