ART To Cut Workforce

Medical device developer downsizing its workforce to cut operating costs by 43 percent, and exploring possible sale of some or all of its assets.

Oct 29th, 2009

MONTREAL (CP) -- ART Advanced Research Technologies Inc. says it's downsizing its workforce to cut operating costs by 43 percent and exploring strategic options, including a possible sale of some or all assets of the medical device developer.

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