Teads Holding Co. Announces Global Restructuring to Cut 10% of Workforce

Reuters
2025.12.08 22:05
portai
I'm PortAI, I can summarize articles.

Teads Holding Co. announced a global restructuring plan to cut 10% of its workforce, aiming to reduce costs and improve margins for profitable growth. The plan, starting December 3, 2025, expects annual savings of $35-$40 million and charges of $8-$12 million for severance and benefits. Completion is anticipated by the end of Q1 fiscal 2026.