Brief: Zwipe Announces Company Restructuring
16/01/2024 07:05
Jan 16 (Reuters) - Zwipe AS ZWIPEZ.OL :
* ANNOUNCES COMPANY RESTRUCTURING AND NEW STRATEGIC
DIRECTION
CREATING PATH TO PROFITABILITY
* EXPECTS TO REDUCE OPERATING COSTS IN 2024 BY APPROXIMATELY
NOK
40 MILLION COMPARED TO 2023
* RESTRUCTURING PROCESS EXPECTED TO REDUCE OPERATIONAL
COSTS,
PARTICULARLY RELATED TO ZWIPE PAY
* COST REDUCTION INITIATIVES WILL BEGIN IMMEDIATELY, WITH
FULL
IMPACT FROM MIDDLE OF Q2 OF 2024
* ON A NET BASIS, FIVE EMPLOYEES WILL LEAVE ZWIPE
Source text for Eikon: ID:nWkr5sYYsP
Further company coverage: ZWIPEZ.OL
(Gdansk Newsroom)
((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))
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