Cognex Corp (CGNX) Announces Significant Cost-Cutting Measures, to Reduce Headcount by 8%
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Cognex Announces Significant Cost-Cutting Measures
May 28, 2020 4:06 PM EDTNATICK, Mass.--(BUSINESS WIRE)-- Cognex Corporation (NASDAQ: CGNX), the leader in machine vision, today announced that it has taken significant steps to reduce expenses due to the deteriorating market conditions and to position the company for growth when conditions improve.
The actions being taken by Cognex include a reduction in... More