Key facts
- Novacyt has started a consultation process.
- The consultation concerns a potential 40% reduction in headcount.
- This indicates a significant restructuring effort by the company.
Novacyt is undertaking a significant restructuring, evidenced by the commencement of a consultation process for a potential 40% reduction in its workforce. This action suggests the company is facing challenges or undergoing strategic changes that necessitate a substantial decrease in personnel.