Yext Will Reduce Size Of Workforce By About 12% Of Full-Time Employees Compared To Headcount As Of Jan 31
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Yext Inc plans to reduce its workforce by about 12% in response to evolving business needs, aiming to lower operating expenses and achieve future growth. The company expects to incur a restructuring cash charge of approximately $5 million and complete the implementation of the workforce reduction by the end of Q2 2025.
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