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.
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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