March 11 (Reuters) - Mach7 Technologies Ltd (M7T) :
- ANNOUNCES A RESTRUCTURING AND COST CUTTING PROGRAM
- EXPECTS ORGANISATIONAL IMPROVEMENT WILL ENABLE IT TO ACHIEVE CASH FLOW BREAK EVEN FROM OPERATIONS FOR NEXT 12-MONTH PERIOD
- MIKE JACKMAN, CHIEF EXECUTIVE OFFICER, WILL DEPART COMPANY WITH IMMEDIATE EFFECT
- APPOINTED MIKE LAMPRON, AS INTERIM CEO
- RESTRUCTURING WILL ALSO REDUCE LABOUR COSTS AND OVERHEADS
Source text : http://bit.ly/2NRtI8Q
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News: M7T Mach7 Technologies Announces Restructuring And Cost Cutting Program
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