Brief: SNDL Announces Overheads Restructuring Project And Operational Adjustments

SNDL

16/07/2024 12:23

July 16 (Reuters) - SNDL Inc  SNDL.O :
    * SNDL ANNOUNCES OVERHEADS RESTRUCTURING PROJECT AND
OPERATIONAL
ADJUSTMENTS
    * SNDL INC - TO REDUCE 106 FULL-TIME EMPLOYEES
    * SNDL INC - RESTRUCTURING REQUIRES $11M INVESTMENT OVER 18
MONTHS
    * SNDL INC - PROJECT TO DELIVER OVER $20M IN ANNUALIZED COST
SAVINGS
    * SNDL INC - TO CONSOLIDATE CANNABIS SEGMENTS INTO ONE UNIT

Source text for Eikon:  ID:nPn1B5h1Ma 
Further company coverage:  SNDL.O 

 (Reuters.Briefs@thomsonreuters.com)