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Basler Shares Fall on Plan to Cut Jobs, Lower Guidance

Por: MarketWatch Business July 24, 2023

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The German manufacturer of image-processing components will reduce around 200 full-time positions in Germany and abroad, it said. The company had the equivalent of 1,047 full-time employees at the end of last year, according to its annual report. Implementation of the restructuring program will begin immediately, the company said. Due to the continued weak demand in the Asian and American markets and increasing signs of recession in Europe, the... + full article



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