Evolus (EOLS): EOLS lays off unspecified number of empl...

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Thursday, 04/16/2020 5:03:27 PM

Thursday, April 16, 2020 5:03:27 PM

EOLS lays off unspecified number of employees:

https://finance.yahoo.com/news/evolus-provides-strategic-business-205201040.html

The shift towards greater digital reliance results in a reset of the Evolus expense base and will impact employees. As a result of these changes, Evolus will be a leaner organization, designed to service our broad customer base through an efficient business model expected to drive continued share penetration and capitalize on the long-term potential of the U.S. aesthetic neurotoxin market with a focus on the millennial consumer.

“I would like to thank our employees for their dedication and commitment to Evolus and in particular, those employees adversely impacted by the changes announced today,” further commented Mr. Moatazedi.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”