MariaDB Says Expects Plan Will Result In Restructuring Charges Consisting Of About $3.1M In Employee Severance And Notice Period Payments
Portfolio Pulse from Benzinga Newsdesk
MariaDB has announced a plan that is expected to result in restructuring charges of approximately $3.1 million, primarily due to employee severance and notice period payments.
October 12, 2023 | 1:09 pm
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MariaDB's restructuring plan is expected to result in charges of about $3.1 million, mainly due to employee severance and notice period payments.
The restructuring plan announced by MariaDB is expected to result in charges of about $3.1 million, which will likely impact the company's financial performance in the short term. This could potentially lead to a decrease in the company's stock price.
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