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Beyond Inc ( (BYON) ) has shared an announcement.
Beyond, Inc. is undergoing a strategic transformation by reducing its workforce by 20% to streamline operations and create a more adaptable cost structure. This move, affecting former Chief Product Officer Carlisha Robinson, aims to align the company with its technology-focused, asset-light business model, potentially reducing annual fixed costs by $20 million.
Find detailed analytics on BYON stock on TipRanks’ Stock Analysis page.