LightLab Sweden AB informs about additional details related to cost saving measures and changes in the organizational structure
On January 28, 2015, LightLab Sweden AB (LightLab) announced changes in the organization and business focus. As part of this, the company has carried out a cost review to significantly reduce the cost base without adversely affecting the company's efforts in ongoing projects. The outcome of this review has led to that the company has decided to completely phase out the remaining operations in Taiwan, which includes wind up of the subsidiary LightLab Asia Corp. Furthermore, three management positions in Sweden will be terminated together with reduced marketing activities carried out by