Nano-X Imaging board approves plan to cut annualized operating expenses by 25%-30%
NNOX•Nano-X Imaging’s board approved a plan targeting a 25%-30% reduction in annualized operating expenses versus annualized 2026 levels, with full implementation expected by the end of Q1 2027.
1. Cost reduction plan
The plan includes global workforce reductions and aims to extend cash resources while focusing on core priorities. The savings target includes approximately $2 million in previously announced annual savings from restructuring South Korea operations; it excludes one-time restructuring charges.
