January 29, 2018 / 7:53 AM / 21 days ago

BRIEF-Betsson to cut 160 staff, sees yearly cost savings of 50-60 mln SEK

Jan 29 (Reuters) - Betsson AB:

* BETSSON STREAMLINES THE ORGANISATION AND REDUCES HEADCOUNT

* SAYS ‍TOTAL HEADCOUNT IN GROUP WILL BE REDUCED BY APPROXIMATELY 160 EMPLOYEES.​

* SAYS ‍COST SAVING OF CHANGES IS ESTIMATED TO SEK 50-60 MILLION ANNUALLY.​

* SAYS ‍CHANGES WILL BE IMPLEMENTED IN JANUARY 2018 AND COSTS RELATED TO RESTRUCTURING WILL BE RECOGNISED IN INTERIM REPORT FOR Q1 2018​ Source text for Eikon: Further company coverage: (Stockholm Newsroom)

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