--- title: "BZFD: Q2 revenue fell 21.8% and a 35% workforce cut targets profitability and growth" type: "News" locale: "en" url: "https://longbridge.com/en/news/294879504.md" description: "Revenue declined 21.8% year-over-year to $36.3 million, with a net loss of $11.8 million and negative adjusted EBITDA. Major restructuring reduced headcount by 35%, yielding $30 million in annualized savings, while a new sales agreement aims to expand advertising reach.Based on DisclaimerThis is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source." datetime: "2026-08-04T22:11:35.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/294879504.md) - [en](https://longbridge.com/en/news/294879504.md) - [zh-HK](https://longbridge.com/zh-HK/news/294879504.md) generator: "portal-rs" --- # BZFD: Q2 revenue fell 21.8% and a 35% workforce cut targets profitability and growth Revenue declined 21.8% year-over-year to $36.3 million, with a net loss of $11.8 million and negative adjusted EBITDA. Major restructuring reduced headcount by 35%, yielding $30 million in annualized savings, while a new sales agreement aims to expand advertising reach. Based on **Disclaimer** This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source. ### Related Stocks - [BZFDW.US](https://longbridge.com/en/quote/BZFDW.US.md) - [BZFD.US](https://longbridge.com/en/quote/BZFD.US.md) ## Related News & Research - [Meta Stock Outlook: Named Top Pick by Morgan Stanley, Will the Stock Recover?](https://longbridge.com/en/news/296659391.md) - [RPL: Net profit after tax surged 258% year-over-year on 21% FUM growth and strong fee income](https://longbridge.com/en/news/296711489.md) - [Roularta Media Group posts H1 2026 results press release](https://longbridge.com/en/news/296573558.md) - [Is News (NWSA) Fully Valued Following Weak Housing Demand Data?](https://longbridge.com/en/news/296708888.md) - [LGMK: Revenue up 21% and gross margin at 70.2%; merger agreement to go private announced](https://longbridge.com/en/news/296383619.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**