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Satellogic Slashes Workforce to Cut Costs
Company Announcements

Satellogic Slashes Workforce to Cut Costs

Satellogic (SATL) has released an update.

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Satellogic Inc. has announced a workforce reduction of 34 employees, equating to about 13% of its employee base, as part of its cost-cutting and spending control measures. The company is adjusting its workforce in alignment with its operational needs and continuing efforts for financial efficiency.

For further insights into SATL stock, check out TipRanks’ Stock Analysis page.

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