Brief: ZUK Elzab Decides On Group Layoffs As Part Of Cost-Optimising Process

Zaklady Urzadzen Komputerowych Elzab SA

01/06/2022 16:57

June 1 (Reuters) - Zaklady Urzadzen Komputerowych Elzab SA
 ELZ.WA :
    * DECIDES TO BEGIN PROCESS LEADING TO OPTIMISATION OF FIXED
COSTS
    * PART OF PROCESS MANAGEMENT RESOLVES TO CARRY OUT GROUP
LAYOFFS
    * SAID PROCESS DUE TO DECISION TO WITHDRAW EXTERNAL
PRODUCTION FOR
THIRD-PARTY MEMBERS IN CO'S MECHANICAL DEPARTMENT
    * SAID DEPARTMENT'S FUNCTIONING AND SALES OF SERVICES
AMOUNTED TO
ABOUT 7.6% OF CO'S 2021 REVENUE AND TO ABOUT 19% OF CO'S 2021
GENERAL ACTIVITY FIXED COSTS

Source text for Eikon:  ID:nEM4fPQmKa 
Further company coverage:  ELZ.WA 

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