On October 20, 2022, the Board of Directors of Lucira Health, Inc. approved a reduction in force involving 56 employees, representing approximately 25.0% of the Company's workforce. On October 31, 2022, the Company notified such employees of this reduction in force. This action is part of the Company's initiatives to re-balance its cost structure.
The Company expects that this reduction in force will be completed by December 30, 2022.