Brief: Twist Bioscience Expects Strategic Restructuring Plan To Be Implemented Beginning In Q3 Fiscal Year
05/05/2023 12:37
May 5 (Reuters) - Twist Bioscience Corp TWST.O :
* TWIST BIOSCIENCE - EXPECTS STRATEGIC RESTRUCTURING PLAN TO
BE
IMPLEMENTED BEGINNING IN Q3 FISCAL YEAR 2023 & SUBSTANTIALLY
COMPLETED BY END OF FISCAL YEAR 2023
* TWIST BIOSCIENCE- EXPECTS TO INCUR PRE-TAX CHARGES BETWEEN
$9 &
$11 MILLION, CONSISTING OF CASH EXPENDITURES FOR EMPLOYEE
SEVERANCE, RELATED BENEFIT COSTS
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