Syft to axe 20% of staff, warns of ‘material loss’
Christchurch-based company has been battling order delays from major customers.
Syft Technologies chief executive Alex Fala.
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Syft Technologies, which makes mass spectrometer sensors that measure air contaminants, says it will axe about 20% of its workforce and has warned it faces a “material loss” this year.
The USX-listed company in November posted a net loss after tax of $5.2 million for the half to the end of
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