Bigcommerce Layoffs November 2024. December 16, 2022 ina steiner. At current share prices near $8.50, bigcommerce trades at a market cap of $646.8 million.
Tech companies slashed over 4,000 jobs this. The financial results and business highlights will be discussed on a conference call and webcast scheduled at 7:00 a.m.
The Financial Results And Business Highlights Will Be Discussed On A Conference Call And Webcast Scheduled At 7:00 A.m.
Bigcommerce is laying off workers and cutting costs as it pushes to reach breakeven by the end of 2023.
Total Revenue Was $84.1 Million, Up 16% Compared To The Fourth Quarter Of 2022.
And, again in november, it laid off an additional 7% of its staff.
At Current Share Prices Near $8.50, Bigcommerce Trades At A Market Cap Of $646.8 Million.
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Tech Companies Slashed Over 4,000 Jobs This.
More layoffs are coming in the sector in 2024.
The Planned Restructuring Aims To Move Forward Its Adjusted Ebitda Breakeven Timeline From Mid To Late 2024 To The Fourth Quarter Of 2023.
The ecommerce platform will reduce.
Bigcommerce Expects To Complete The Workforce Reduction By Dec.
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