Sept 20 (Reuters) - Molekule Group Inc :
* MOLEKULE GROUP INC- ON SEPTEMBER 18, CO COMMENCED A PLAN TO REDUCE COMPANY'S HEADCOUNT BY APPROXIMATELY 15%
* MOLEKULE GROUP INC- WORKFORCE REDUCTION, INCLUDING RELATED CASH PAYMENTS, WILL BE SUBSTANTIALLY COMPLETE BY DECEMBER 31, 2023
* MOLEKULE GROUP- BOARD OF CO AUTHORIZED CO’S MANAGEMENT TO COMMENCE PREPARATION OF VOLUNTARY PETITION UNDER CHAPTER 11 OF THE U.S. BANKRUPTCY CODE
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