BM Technologies Inc - Ordinary Shares - Class A
ASE:BMTX
Layoffs, Products, Officer Changes
BM Technologies Announces Employee Workforce Reduction Of About 25%
Published: 01/30/2023 14:41 GMT
BM Technologies Inc - Ordinary Shares - Class A (BMTX) - Bm Technologies Inc - on January 26, Co Announced Employee Workforce Reduction of About 25% As Compared to Its Headcount at December 31, 2022.
Bm Technologies Inc Says Announces Launch of Targeted Plan to Improve Performance With Approximately $15 Million of Expected 2023 Cost Savings.
Bm Technologies Inc - Estimates That It Will Incur $1.5 Million to $3.0 Million in Charges in Connection With Plan.
Bm Technologies Inc - Expects Charges to Be Incurred in Q1 of 2023.
Bm Technologies Inc Says Estimates to Incur About $1.5 Million to $3.0 Million in Charges Substantially All of Which to Be Incurred in Q1 of 2023.
Bm Technologies Inc - Expects Actions Necessary to Attain Cost Reductions Will Be Substantially Completed by June 30, 2023.
Bm Technologies Inc - Effective Jan 26, Co Transitioned Robert Ramsey, Company's Cfo, From That Position to a New Corporate Development Role.
Bm Technologies Inc - Concurrent With Transition of Ramsey, Co Elected James Dullinger, Co's Chief Accounting Officer, to Additional Position of Cfo.
Further Company Coverage: Bmtxa ((reuters.
Briefs@thomsonreuters.
Com;)).
Bm Technologies Inc Says Announces Launch of Targeted Plan to Improve Performance With Approximately $15 Million of Expected 2023 Cost Savings.
Bm Technologies Inc - Estimates That It Will Incur $1.5 Million to $3.0 Million in Charges in Connection With Plan.
Bm Technologies Inc - Expects Charges to Be Incurred in Q1 of 2023.
Bm Technologies Inc Says Estimates to Incur About $1.5 Million to $3.0 Million in Charges Substantially All of Which to Be Incurred in Q1 of 2023.
Bm Technologies Inc - Expects Actions Necessary to Attain Cost Reductions Will Be Substantially Completed by June 30, 2023.
Bm Technologies Inc - Effective Jan 26, Co Transitioned Robert Ramsey, Company's Cfo, From That Position to a New Corporate Development Role.
Bm Technologies Inc - Concurrent With Transition of Ramsey, Co Elected James Dullinger, Co's Chief Accounting Officer, to Additional Position of Cfo.
Further Company Coverage: Bmtxa ((reuters.
Briefs@thomsonreuters.
Com;)).