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Markforged Holding Announces $25M Cost-Cutting Strategy
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Markforged Holding Announces $25M Cost-Cutting Strategy

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Markforged Holding (MKFG) just unveiled an announcement.

On August 8, 2024, following the release of its second-quarter financial results, the Company unveiled a $25 million cost-cutting plan to bring annual operating expenses down to around $70 million. The bulk of these savings is anticipated to materialize in the latter half of the year, positioning the Company for a more streamlined financial future.

Learn more about MKFG stock on TipRanks’ Stock Analysis page.

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