According to an official document submitted to the U.S. Securities and Exchange Commission (SEC), medical device company Modular Medical, Inc. initiated a personnel optimization restructuring plan on March 12, 2026.

The plan involves downsizing some employees and eliminating corresponding positions, aiming to optimize the company's organizational structure and operational efficiency. This adjustment is one of the strategic measures taken by the company to adapt to changes in the market environment and enhance long-term competitiveness. The specific number of affected employees and job details may be further disclosed by the company in subsequent announcements.