The French company DON’T NOD is facing challenging times. In light of declining financial performance, it has announced further business restructuring, which will result in layoffs.
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DON’T NOD initiated restructuring in the spring of 2024, but admitted that the measures taken at that time were insufficient to maintain its competitiveness. Now, it intends to reassess its development trajectory.
As part of the reorganization, DON’T NOD plans to lay off up to 69 employees in France. As of March 2024, the company employed 350 people.
Additionally, DON’T NOD has submitted a request to the Euronext stock exchange to resume trading of its shares on the morning of October 17.