Brief: Kongsberg Automotive Cuts Jobs, Closes Site In Dortmund
23/10/2023 13:36
Oct 23 (Reuters) - Kongsberg Automotive ASA KOA.OL :
* ANNOUNCES COST OPTIMIZATION MEASURES
* INITIATIVES TAKEN WILL NOT CHANGE GUIDANCE GIVEN FOR FISCAL YEAR 2023.
* WILL REDUCE ITS WORKFORCE BY AN ESTIMATED 150-200 EMPLOYEES GLOBALLY
* EXPECTS ANNUALIZED SAVINGS OF EUR 15-20 MILLION DURING 2024 BY THESE MEASURES
* WILL CLOSE ITS DORTMUND, GERMANY SITE AND WILL CONTINUE TO OPTIMIZE ITS GLOBAL FOOTPRINT
Source text for Eikon: ID:nWkrc6gqdS
Further company coverage: KOA.OL
(Gdansk Newsroom)
((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))