Freightos cuts workforce up to 15%; restructuring charges rise to $1.3 million in the first nine months of FY2026

Reuters

Mar 26

Freightos cuts workforce up to 15%; restructuring charges rise to $1.3 million in the first nine months of FY2026

Freightos announced a cost optimization plan that includes a global workforce reduction of up to 15%.
The company said the changes are intended to improve operating efficiency and support its goal of reaching adjusted EBITDA breakeven by the end of 2026.
Freightos estimated one-time restructuring charges of about USD 1.3 million, mainly for severance and employee benefits.
It expects annualized cost savings of about USD 4.5 million starting Q4 2026.
Chief Executive Officer Pablo Pinillos said Freightos will continue investing in pricing, procurement, and booking solutions, including the use of AI to streamline operations.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Freightos Ltd. published the original content used to generate this news brief via PR Newswire (Ref. ID: LN20087) on March 26, 2026, and is solely responsible for the information contained therein.

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