Lifeward (LFWD) Streamlines U.S. Operations

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Go back to Lifeward (LFWD) Streamlines U.S. Operations

Lifeward Streamlines U.S. Operations in Next Phase of Growth and Operational Efficiencies

November 4, 2024 8:00 AM EST

Lifeward expects these actions to result in annual operating expense savings of approximately $3 million and gross margin improvement of 200 basis points during 2025

Consolidated real estate footprint will close two U.S. facilities to focus on operations in Massachusetts, Israel, and Germany

MARLBOROUGH, Mass. and BERLIN and YOKNEAM ILIT, Israel, Nov. 04, 2024 (GLOBE NEWSWIRE) -- Lifeward Ltd. (Nasdaq: LFWD) (Lifeward or the Company), announced plans today to streamline its U.S. operations including the closing of two U.S. facilities to complete the integration that has followed the acquisition of... More