WANdisco reveals plans to reduce the company's global headcount by around 30 per cent
WANdisco, the data activation platform, has announced that it is undertaking a reorganisation process that would, upon completion, reduce the company's global headcount by around 30 per cent.
WANdisco said it has continued to trade in the ordinary course of business and activity also continues to progress on workstreams with the objective of lifting the suspension of the company's shares as soon as is practicable.
Kenneth Lever, Executive Chairman of WANdisco plc, said: "The proposal to reduce the company's overall headcount was considered at great length. Regrettably, the proposed action is a necessary step to responsibly position WANdisco for long-term growth.
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Hide Ad"We are working through the process as sensitively and supportively as we can, providing those directly impacted with as much information and support as possible and at all times in full compliance with local law."