March 29, 2017 / 9:20 PM / 6 months ago

BRIEF-Intermolecular to lay off 20 pct of workforce

March 29 (Reuters) - Intermolecular Inc

* Intermolecular - on March 29, 2017, commenced a workforce reduction plan of approximately 29 employees, or approximately 20% of company’s workforce

* Intermolecular inc - company estimates that it will incur restructuring charges of approximately $1.5 million related to cash severance payments Source text for Eikon: Further company coverage:

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below