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home / news releases / swvl seeks optimization focus amid 32 headcount redu

JRNY - Swvl Seeks Optimization Focus Amid 32% Headcount Reduction Goal

ALPS Global Travel Beneficiaries ETF
  • SPAC Queen's Gambit Growth Capital and Swvl have completed their merger valued at approximately $1.5 billion in enterprise value.
  • Swvl operates a smart bus transportation network in numerous cities and regions around the world.
  • SWVL has made a number of acquisition announcements but is now cutting headcount and optimizing its operations.
  • I'm on Hold for SWVL until we see credible evidence of its optimization efforts.

For further details see:

Swvl Seeks Optimization Focus Amid 32% Headcount Reduction Goal
Stock Information
Company Name: ALPS Global Travel Beneficiaries ETF
Stock Symbol: JRNY
Market: NYSE
Website: vallon-pharma.com
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