Brief: Canopy Holdings To Introduce Savings In Excess Of NOK 15 Mln Annually

Spotlio AS

02/12/2022 14:07

Dec 2 (Reuters) - Canopy Holdings AS  CAN.OL :
    * ANNOUNCEMENT OF STRATEGIC PLAN TO ACCELERATE PATH TOWARDS
PROFITABILITY IN 2023/2024
    * COMPANY HAS PROVIDED LAYOFF NOTICES, EFFECTIVE
IMMEDIATELY, TO
EMPLOYEES ACROSS ORGANIZATION REPRESENTING AROUND 16% OF TOTAL
WORKFORCE
    * COMPANY FIRMLY BELIEVES THIS PLAN CAN BE EXECUTED WHILE
STILL
GROWING ITS MARKET PRESENCE AND MAINTAINING A BEST-IN-CLASS
CUSTOMER EXPERIENCE
    * ANNOUNCES STRATEGIC PLAN TO ACCELERATE A PATH TOWARDS
PROFITABILITY IN 2023/2024 WITH COST RATIONALIZATION INITIATIVES
DELIVERING SAVINGS IN EXCESS OF NOK 15 MILLION ON AN ANNUALIZED
BASIS

Source text for Eikon:  ID:nObi394FKa 
Further company coverage:  CAN.OL 
 (Gdansk Newsroom)
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