Kubient Expects To Recognize Restructuring Charges In Connection With The Workforce Reduction Plan With Respect To Severance Payments And Benefits; Severance And Benefit Continuation Charges Are Estimated To Be About $320,000 Expected In Q4 2023
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Kubient is expected to recognize restructuring charges in connection with a workforce reduction plan. The severance and benefit continuation charges are estimated to be about $320,000, expected in Q4 2023, according to an SEC filing.
October 06, 2023 | 8:13 pm
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Kubient's restructuring charges related to workforce reduction could impact its financial performance in Q4 2023.
The restructuring charges that Kubient is expected to recognize due to workforce reduction could negatively impact its financial performance. This could potentially lead to a decrease in the company's stock price in the short term.
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