Blis Technologies to lay off staff following structure review

Blis Technologies to lay off staff following structure review
Blis Technologies will lay off a small number of staff following an internal structure review. (Image: Supplied)
Riley Kennedy
Blis Technologies will lay off a “small” number of staff members following a review of its structure prompted by a “disappointing performance” last financial year.The Dunedin NZX-listed probiotics company told the market this morning that it had undertaken a review of its strategy and business model following the release of its full-year results to March 31 .During the last financial year, the company broke a three-year run of profitability and posted a loss of $2.7 million. Its total revenue dropped by 16% to $8.9m.In a...