Traeger Inc. has announced a major corporate reorganization aimed at improving profitability and cash flow. Approved by the Board of Directors on May 15, 2025, the initiative seeks to streamline the company's organizational structure and rebalance its cost base through a multi-step strategic optimization plan. This plan includes a reduction in workforce and centralization efforts to enhance efficiency. Traeger expects to substantially complete the reorganization by the end of fiscal year 2025. While the company is still finalizing details, it has committed to providing further information on costs and expenditures as they are determined.
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