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Hires PwC to reach $250 million cost reduction target, which may include a reduction in workforce and simplification of its business portfolio.
June 5, 2023
By: Christine Esposito
Editor-in-Chief
Amyris has engaged the business recovery services unit of PricewaterhouseCoopers (PwC) and established a restructuring subcommittee to execute on a transformation program to accelerate improvements to the company's cost and capital structure and liquidity. The restructuring committee is made up of three independent directors. The company recently communicated during its Q1 2023 last month that it had initiated a strategic review of all aspects of its cost structure in support of its F...
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