Cibus Announced Restructuring And Cost Reduction Initiatives, Including A Reduction In Force, To Optimize The Company's Business And Cost Structure In Alignment With Its Strategic Priority To Advance Its Nearest-term Commercial Opportunities.
Cibus Announced Restructuring And Cost Reduction Initiatives, Including A Reduction In Force, To Optimize The Company's Business And Cost Structure In Alignment With Its Strategic Priority To Advance Its Nearest-term Commercial Opportunities.
The Company expects these actions, along with other initiatives, to generate cost savings of approximately $10 million on an annualized run-rate basis. When these and other initiatives are fully implemented by early 2025, the Company expects them to translate to a reduction in monthly cash use by approximately 20%.
公司預計這些措施，以及其他舉措，將在年化運行基礎上產生約1000萬美元的成本節約。當這些以及其他舉措到2025年初得到全面實施時，公司預計這些措施將導致月度現金使用減少約20%。
These initiatives are a result of the Company's realigned organization focused on its herbicide resistant traits in Rice, continuing development of its Soybean platform and leveraging its family of multi-crop traits that include disease tolerance in Canola and Winter Oilseed Rape. The Company will also continue to opportunistically pursue partner-funded projects. The RIF is expected to result in one-time charges for accrued vacation and severance of approximately $0.35 million in the fourth quarter of 2024.
這些舉措是公司針對其水稻除草劑抗性特性、持續發展大豆平台以及利用其多作物特性系列的結果，其中包括油菜籽和油菜籽的耐病能力。公司還將繼續機會主義地開展由合作伙伴資助的項目。預計員工優惠計劃將導致2024年第四季度約35萬美元的一次性假期和解職費用。
譯文內容由第三人軟體翻譯。
