Sprout Social (NASDAQ: SPT) cuts 20% of staff, sees high-end Q2 outlook
Sprout Social, Inc. (NASDAQ: SPT) announced a workforce reduction of approximately 20%, impacting about 260 employees, to streamline operations and align costs with strategic priorities, including AI-powered social intelligence. The company expects to incur $18.0 million to $20.0 million in pre-tax restructuring charges, mostly …
SPT
main company
Sharemaestro market context
Trend signal active
52 weeks -34.9%