Demant's cost-cutting efforts reflect cautious approach to 2023
The Danish hearing aid manufacturer is letting 150–200 people go, primarily by closing retail stores in the US, reports CEO Søren Nielsen.
by marketwire, translated by daniel pedersen
When Demant downgraded its financial expectations for full-year 2022 on Tuesday night CET, the company also announced a number of cost-saving maneuvers to match the current market, where activity levels are down.
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