Smith Micro Software to Cut 30% of Jobs

Dow Jones
Oct 16

By Katherine Hamilton

 

Smith Micro Software is eliminating 30% of its workforce.

The company, which provides software for wireless products, said Wednesday the job cuts are expected to save $7.2 million in costs during 2026, excluding payment of employee separation costs.

The reduction is intended to improve efficiency and profitability. It is part of a broader reorganization effort.

As part of that effort, David Blakeney, senior vice president of engineering, retired in late September, and Chief Technology Officer David Sperling will take over his role in addition to his current job.

 

Write to Katherine Hamilton at katherine.hamilton@wsj.com

 

(END) Dow Jones Newswires

October 15, 2025 17:17 ET (21:17 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10