Brief: Ventyx Biosciences Inc Implements A 20% Reduction In WorkForce

Ventyx Biosciences

07/12/2023 21:35

Dec 7 (Reuters) - Ventyx Biosciences Inc  VTYX.O :
    * VENTYX BIOSCIENCES INC-  ON DECEMBER 5, 2023 COMMITTED TO
AND
IMPLEMENTED A REDUCTION IN FORCE THAT IMPACTED APPROXIMATELY 20%
OF COMPANY'S WORKFORCE.
    * VENTYX BIOSCIENCES INC- EXPECTS TO RECOGNIZE ABOUT $2.0
MILLION
IN TOTAL EXPENSES FOR SEVERANCE & RELATED BENEFITS FOR EMPLOYEES
LAID OFF

Further company coverage:  VTYX.O 

 ((Reuters.Briefs@thomsonreuters.com;))