Brief: SoftOx Solutions BOD Decides To Temporarily Lay Off Employees

SoftOx Solutions AS

27/03/2023 09:10

March 27 (Reuters) - SoftOx Solutions AS  SOFTX.OL :
    * SOFTOX SOLUTIONS AS: RESTRUCTURES TO CONSERVE RESOURCES
WHILE
EXPLORING STRATEGIC ALTERNATIVES
    * BOD HAS DECIDED TO TEMPORARILY LAY OFF EMPLOYEES TO SAVE
COSTS
DURING A PERIOD OF FINANCING AND RESTRUCTURING OF CO
    * AS A RESULT OF THIS DECISION, SOFTOX SOLUTIONS DENMARK HAS
BEEN
CLOSED DOWN AND KEY PERSONNEL WILL BE REENGAGED
    * DURING TEMPORARY LAYOFF PERIOD, COMPANY WILL CONTINUE WORK
ON
SECURING FINANCING

Source text for Eikon:  ID:nObiMdtbTa 
Further company coverage:  SOFTX.OL 

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