BRIEF-Kronos Bio Approves 83% Workforce Reduction As Part Of A Strategic Resource Allocation And Cost Containment Plan

Reuters

2024/11/27

Nov 27 (Reuters) - Kronos Bio Inc :

* KRONOS BIO - APPROVES 83% WORKFORCE REDUCTION AS PART OF A STRATEGIC RESOURCE ALLOCATION AND COST CONTAINMENT PLAN

* KRONOS BIO INC - NORBERG BISCHOFBERGER RESIGNS AS PRESIDENT AND CEO

* KRONOS BIO INC -IN CONNECTION WITH REDUCTION IN WORKFORCE, CO EXPECTS TO INCUR CHARGE OF APPROXIMATELY $3.7 MILLION

* KRONOS BIO INC - CFO DEBORAH KNOBELMAN APPOINTED PRESIDENT AND INTERIM CEO

Further company coverage:

((Reuters.Briefs@thomsonreuters.com;))

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