Zymergen Says Executed Reduction In Force

Reuters2021-09-24

Zymergen Inc:Zymergen Inc - Executed Reduction In Force That Represents Preliminary Phase Of The Co’S Plan To Reduce Costs.Zymergen Inc - Reduction In Force Is Expected To Result In Termination Of Approximately 120 Employees.Zymergen Inc - Estimates It Will Incur Severance & Employee-Related Restructuring Costs Of About $4.5 Million Related To Reduction In Force.Further Company Coverage: Zy.O.

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