BRIEF-Smith Micro Announces Strategic Cost Reductions And Leadership Changes

Reuters

10/16

Oct 15 (Reuters) - Smith Micro Software Inc SMSI.O:

SMITH MICRO ANNOUNCES STRATEGIC COST REDUCTIONS AND LEADERSHIP CHANGES
30% OF WORKFORCE TO BE IMPACTED
EXPECTS ANNUALIZED COST SAVINGS OF $7.2 MILLION FOR 2026

Source text: ID:nBw5bTyd7a

Further company coverage: SMSI.O

((Reuters.Briefs@thomsonreuters.com;))

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