Qlife to reduce costs further by terminating lease
Today, Qlife has signed an agreement to terminate a long-term lease for its high-tech laboratory and office facility in Ballerup. The termination of the lease will reduce Qlife’s annual rent & facility cost by 7.3 MSEK as of November 1[st] 2023Since the start of 2023, Qlife has continuously scaled down on costs, workforce and operates mainly by outsourcing. The termination of the lease is part of Qlife’s new operation model to implement additional cost savings. “Qlife will step out of its long term lease for high-tech facilities to implement the last significant cost reduction measure in