WW International Inc

NASDAQ:WW   4:00:00 PM EDT
4.22
-0.21 (-4.74%)
6:07:46 PM EDT: $4.24 +0.02 (+0.47%)
Debt Financing / Related, Restructuring / Reorganization

Ww International Inc Committed To A Restructuring Plan

Published: 02/02/2023 22:16 GMT
WW International Inc (WW) - Ww International Inc-on Jan 30, Company Committed to a Restructuring Plan.
Ww International Inc- in Connection With 2023 Restructuring Plan, Anticipates Charges It Currently Estimates Will Range Between $39.0 Million to $46.0 Million.
Ww International Inc-restructuring to Result in Elimination of Certain Positions, Termination of Employment for Certain Employees Worldwide.
Ww International Inc-organizational Restructuring, Anticipates Recording Charges About $15.0 Million to $18.0 Million to Employee Termination Benefit Costs.
Ww International Inc-majority of Charges Were Recorded in Q4 of Fiscal 2022 at Time Management Resolved to Undertake Organizational Restructuring.
Ww International Inc-in Connection With Real Estate Restructuring, Anticipates Recording Charges About $24.0 Million to $28.0 Million.
Ww International Inc-connection With Real Estate Restructuring, Anticipates Recording Majority of Charges in First Six Months of Fiscal 2023.
Ww International Inc-expects 2023 Restructuring Plan to Be Fully Executed by End of Fiscal 2023.
Further Company Coverage: Wwo ((reuters.
Briefs@thomsonreuters.
Com;)).