Avinger Inc Has Terminated 36 Employees

Reuters
2025.01.03 23:01
Avinger Inc (AVGR.O) : * AVINGER INC: HAS TERMINATED 36 EMPLOYEES * AVINGER INC: TERMINATED 36 EMPLOYEES, INCLUDING ALL SALES AND MANUFACTURING PERSONNEL RELATING TO CO'S PAD PRODUCTS * AVINGER INC -WILL NO LONGER MANUFACTURE PAD PRODUCTS, EXPECTS THAT IT WILL NO LONGER GENERATE ANY REVENUES FROM SALES OF PAD PRODUCTS * AVINGER-DOES NOT BELIEVE THAT CHANGE IN STRATEGIC FOCUS OR TERMINATION OF EMPLOYEES WILL RESULT IN MATERIAL CHARGES Source text: Further company coverage: (AVGR.O)
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