date:Nov 16, 2022
implementation of pricing actions will drive gross profit margin expansion.
Adapting to the next phase of growth
The company is reviewing its organizational structure to adjust the fixed cost base globally.
To start, Oatly will execute a headcount reduction impacting up to 25% of the costs related to the groups corporate functions and regional EMEA layers.
By doing this, the plant-based milk player expects annual savings of up to US$25 million from the reorganization, which will take effec