Brief: Zwipe Announces Streamlining Plan, Cuts 15 Employees
21/06/2023 11:17
June 21 (Reuters) - Zwipe AS ZWIPEZ.OL :
* ZWIPE AS: NEW STREAMLINING PLAN TO ACCELERATE PATH TOWARD
PROFITABILITY
* TODAY ANNOUNCES A STREAMLINING TO ACCELERATE ITS PATH
TOWARD
PROFITABILITY IN MEDIUM TERM
* EXCLUDING ONE-OFF FUNDRAISING COSTS INCURRED IN 2023,
INITIATIVES ARE EXPECTED TO REDUCE GROUP'S OPERATING COSTS IN
2023 BY ABOUT NOK 14 MILLION COMPARED TO 2022
* EXPECTS INITIATIVES TO LOWER COST BASE BY ABOUT NOK 35
MILLION
ON AN ANNUAL BASIS
* INITIATIVES WILL COMMENCE IMMEDIATELY, PLANNED
IMPROVEMENTS
EXPECTED TO HAVE FULL IMPACT FROM Q4 OF 2023
* 15 EMPLOYEES WILL LEAVE COMPANY AS A CONSEQUENCE
Source text for Eikon: ID:nObixSrMXa
Further company coverage: ZWIPEZ.OL
(Gdansk Newsroom)
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