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home / articles / SMR - NuScale Power Tightens Belt With Major Staff Cutbacks: Eyes $60M Annual Savings Amid Shift To Commercialization | Benzinga
On Monday, NuScale Power Corp (NYSE: SMR) disclosed workforce reduction to save costs.
The company announced a workforce reduction of 154 full-time employees, representing around 28% of full-time staff.
SMR expects its strategic actions to result in annualized savings of around $50 million-$60 million and ...
| Company Name: | NuScale Power Corporation Class A |
| Stock Symbol: | SMR |
| Market: | NYSE |
| Website: | nuscalepower.com |
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