Nixu Corporation Initiates a Cost Reduction Program to Address the Impact of the COVID-19
Nixu Corporation, Press release on May 6, 2020 at 10:05 AM EESTNixu Corporation estimates that the COVID-19 pandemic will lead to a situation where economic growth pace will slow sharply in 2020 and the economic impact will continue still in 2021. Although digitalization will progress strongly and the need for cybersecurity will only increase after the pandemic, Nixu estimates that its growth opportunities will be limited in the short term. For this reason, Nixu has decided in the short term to cut down on growth investments aimed at bringing very strong growth (during past years averaging