Skip to content
  • Home
  • About
  • Contact
  • Page
  • ​Master SEO Tactics
  • Top 9 Finance News Websites Ranking
wikifx

wikifx

  • Home
  • About
  • Contact
  • Page
  • ​Master SEO Tactics
  • Top 9 Finance News Websites Ranking
  • Toggle search form
  • Urban Angehrn takes up role as new FINMA CEO forex news
  • Nadex bans 14 traders for engaging in manipulative scheme forex news
  • eToro reduces minimum trade size for stocks, crypto and ETFs forex news
  • Eurotrade and Market Gold have their websites blocked in Italy forex news
  • SEC halts registration of “Ducat” and “Locke” tokens forex news
  • CFTC charges Thomas Plaut in multi-million dollar retail forex fraud forex news
  • ASIC initiates penalty proceedings against USGFX, EuropeFX and TradeFred forex news
  • Interactive Brokers adds detailed US IPO data to Events Calendar in TWS platform forex news

Sezzle announces workforce reduction

Posted on 2022-03-11 By admin No Comments on Sezzle announces workforce reduction

Fintech company Sezzle Inc. (ASX:SZL) announces a workforce reduction expected to result in approximately US$10.0 million of annual run-rate cost savings (i.e., salaries and benefits). The workforce reduction will occur across nearly all business operations to streamline reporting structures and create clearer lines of accountability.

“Sezzle has experienced significant growth in its history and is now at an important juncture, as we look to take decisive steps toward profitability and free cash flow,” stated Charlie Youakim, CEO and Executive Chair. “Sezzle’s growth prospects remain unchanged, and these actions position the Company to maximize its long term success.”

The workforce reduction will result in the reduction of approximately 20% of positions in North America and is expected to result in approximately US$0.5 million in one-time cash charges that will be recorded in fiscal year 2022.

Mr. Youakim added,

“These decisions are not easily made as we greatly value our team members. We thank our team for their efforts during this process.”

forex news Tags:forex-news

Post navigation

Previous Post: ADSS hires Sophia Salim as Chief Product and Innovation Officer
Next Post: CFTC pushes for entry of default against fraudulent FX scheme GDLogix

Related Posts

  • FlowBank hires Natixis exec Esty Dwek as CIO forex news
  • FX week in review: FairXchange acquired, Capital Index and Advanced Markets execs leave, NAGA exits UK forex news
  • Virtu reports slight rise in trading income for Q4 2021 forex news
  • FINSA Europe changes corporate name to Trade Nation Financial UK forex news
  • Admiral Markets reports 29% drop in revenues in 1H 2021 to €17.3M forex news
  • Interactive Brokers running anti-PFOF TV ads forex news

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recent Posts

  • EUR/USD Holds Near 1.05 as Fed, ECB Policies Shape Market Sentiment
  • Gold Prices Hold Steady Amid Global Economic Uncertainty
  • Australian Dollar: How RBA Policies, Commodity Prices, and Global Tensions Are Shaping the AUD’s Market Performance
  • EUR/USD: Understanding the Currency Pair’s Trends
  • USD Under Pressure: Navigating Economic Data and Global Uncertainties

TAG

Axiory Review 2022 B2B B2Broker News Basic Forex Knowledge broker brokers brokers in the UK Brokersview Broker tools CFDs coin News cryptocurrency Cryptocurrency News Crypto News dogecoin FCA news finance forex forex-news Forex Broker Forex Brokers Forex Demo Account Forex market forex news forex scams forex time Forex trading fx fxtrader fxtrading Global Forex Gold Analysis HotForex InstaForex LiteForex Review 2022 markets work MT4 MT5 news OctaFX Review Samtrade FX South Africa trade Forex traders Trading Forex
  • Vestmark appoints Michael Blundin as CEO forex news
  • Interactive Brokers adds more news and research providers to IBKR Platform forex news
  • Playtech agrees to sell Finalto to Gopher for $132M forex news
  • FTX launches FTX Europe after securing approval in Cyprus forex news
  • Zip appoints Levi Aron as US Chief Growth Officer forex news
  • Acuity Trading’s Andrew Lane on Signal Centre acquisition, FX industry changes, and more forex news
  • CFTC goes after CTAX Series, Scottsdale Wealth forex news
  • Sir Michael Snyder to step down as Director of Metro Bank forex news

Copyright © 2025 wikifx.

Powered by PressBook News WordPress theme