Brief: Standard Biotools Inc - Announced A Restructuring Plan, Including A Reduction In Force

Standard BioTools

08/08/2022 23:37

Standard BioTools Inc  LAB.O :
    * STANDARD BIOTOOLS INC - ANNOUNCED A RESTRUCTURING PLAN,
INCLUDING A REDUCTION IN FORCE
    * STANDARD BIOTOOLS INC - WILL ALSO SEEK TO REDUCE LEASED
OFFICE
SPACE AND OTHER OPERATING EXPENSES
    * STANDARD BIOTOOLS INC -  CURRENTLY EXPECTS CASH EXPENSES
RELATED
TO THE REDUCTION IN FORCE, TO BE IN THE RANGE OF $3 MILLION TO
$5 MILLION
    * STANDARD BIOTOOLS INC -   EXPECTS TO RECOGNIZE THE
RESTRUCTURING
COSTS OVER THE NEXT FOUR QUARTERS

Source text for Eikon:  ID: 
Further company coverage:  LAB.O