BRIEF-Leddartech Holdings Announces Temporary Layoffs Of 138 Individuals

Reuters
21 May
BRIEF-Leddartech Holdings Announces Temporary Layoffs Of 138 Individuals

May 20 (Reuters) - LeddarTech Holdings Inc. LDTC.O:

  • LEDDARTECH PROVIDES UPDATE ON FINANCIAL SITUATION AND ANNOUNCES WORKFORCE REDUCTION

  • LEDDARTECH HOLDINGS INC. - ANNOUNCES TEMPORARY LAYOFFS OF 138 INDIVIDUALS

  • LEDDARTECH HOLDINGS - CONTINUE TO EVALUATE RESTRUCTURING, SALE, STRATEGIC INVESTMENTS OR CREDITOR PROTECTION

  • LEDDARTECH - NOT REACHED AN AGREEMENT PROVIDING FOR ADDITIONAL FINANCING, EQUITY FINANCING AND RELIEF FROM PROCESS PLAN COVENANTS WITH LENDERS

Source text: ID:nGNX4c4Hr3

Further company coverage: LDTC.O

((Reuters.Briefs@thomsonreuters.com;))

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