Layoffs alleviate Ambu's need for more capital

A new cost-cutting plan means that the company is no longer on the hunt for new investors or other ways of raising capital.
CEO Britt Meelby Jensen | Photo: Atos / PR
CEO Britt Meelby Jensen | Photo: Atos / PR
by mikkel holmgaard winding, translated by catherine brett

Ambu is cutting DKK 250m (USD 34m) from its annual costs, and this will help to ensure that the Danish medtech firm will not need to raise new capital to keep the gears turning, says CEO Britt Meelby Jensen.

Already a subscriber?Log in here

Read the whole article

Get access for 14 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
!
!
Must contain at least 6 characters
!
Must contain at least 2 characters
!
Must contain at least 2 characters

Get full access for you and your coworkers

Start a free company trial today

Sign up for our newsletter

Stay ahead of development by receiving our newsletter on the latest sector knowledge.

!
Newsletter terms

Front page now

Further reading