Minim Said On September 1, Company Implemented An Approximately 78% Reduction In Its Workforce; Reduced Company's Workforce From 41 To 9 Full-Time Employees
Portfolio Pulse from Charles Gross
Minim has implemented a significant reduction in its workforce, cutting it down by approximately 78% from 41 to 9 full-time employees.
September 07, 2023 | 9:19 pm
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NEGATIVE IMPACT
Minim has significantly reduced its workforce, which could impact its operations and productivity in the short term.
A drastic reduction in workforce can lead to operational challenges and decreased productivity in the short term. This could potentially negatively impact Minim's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100