Exodus Movement Announces An Operating Realignment That Includes A Reduction Of ~25% Of The Global Workforce; Expects $2.5M-$3.5M Of Pre-Tax Charges From Workforce Reduction
Exodus Movement, Inc. (NYSE:EXOD) ("Exodus" or the "Company") today announced an operating realignment that includes a reduction of approximately 25% of the global workforce.The action is intended to
Exodus Movement is letting go of about one-quarter of its workers to reorganize the company. This costs money upfront, but companies sometimes make tough changes like this when they need to work better or save money.
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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