Fastly to cut about 11% of its global workforce
Provided by
Dow Jones
By Sabela Ojea
Fastly (FSLY) said it was cutting its global workforce by 11% as part of a restructuring plan.
The San Francisco cloud-computing company said it expected to incur charges of about $9.5 million to $10 million in the third quarter as a result of the cuts.
Fastly expects to complete the headcount reduction by the end of the year.
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08-08-24 1901ET
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