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Oatly plans job cuts as investors sour

Por: CNN Business November 15, 2022

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London CNN Business  —  Oat milk brand is planning to cut jobs as coronavirus restrictions in Asia dampen its sales forecast for this year. Shares in the Swedish sank 12.7% to trade at $2.14 on Monday after the company said that its third-quarter earnings had missed expectations. The company said it plans to slash costs by up to 25% partly through cutting jobs in its corporate roles as well as its divisions in Europe, the Middle East and... + full article



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