BIOQUAL fires 10% of its employees [Seeking Alpha]
BIOQUAL INC (BIOQ)
NASDAQ:AMEX Investor Relations:
bioqual.com/financials-press
Company Research
Source: Seeking Alpha
The company said that the reduction in workforce was a cost-cutting measure due to the decrease in revenue and profitability in the last year. BIOQUAL ( OTCPK:BIOQ ) said it has seen a significant decline in the demand for their services after COVID-19 and needed to realign its cost structure accordingly. The company said it does not expect the RIF to impact the current services it provides or to hamper its business prospects for the future. Recommended For You More Trending News Recommended For You More Trending News About BIOQ Stock Related Stocks Trending Analysis Trending News
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