Although this decision is difficult for the affected employees, it is a necessary step to improve Ebusco's financial performance. The restructuring will help us streamline operations.
Scaling down the inhouse production in the Netherlands is an important part of our strategy. These measures are aimed at right-sizing the company to reinforce Ebusco's core strengths in sales, design, and engineering.
We have chosen to expedite the process and provide clarity within a shorter timeframe. The measures are significant, and our commitment to supporting employees in transition remains strong.
This capital raise is essential for the continuation of the company and I'm pleased with the opportunity to move forward. The coming months will be challenging, but we are determined.
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