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Post# of 129624
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researcher59

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researcher59

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Re: RNsidersbuying post# 117403

Wednesday, 10/23/2024 3:02:17 PM

Wednesday, October 23, 2024 3:02:17 PM

Post# of 129624
UPWK +2.48 to 12.52, nice call ....

briefing -

UPWK (12.66 +25.97%): The Co. announces a more streamlined organizational structure and operational changes to continue the Company's profitable trajectory, increase efficiency, and accelerate innovation for its customers. Additionally, the Company announces organizational changes including 21% workforce reduction; provides preliminary Q3 results above financial guidance. Lastly, the Company discloses estimate of approximately $17-22 mln in pre-tax charges to GAAP financial results consisting primarily of severance and other one-time termination benefits.
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