Coursera announces plans to reduce global workforce by 10%

Coursera (COUR) announced a “commitment to reducing overall expenses, focusing efforts, and prioritizing future investments in key initiatives that are expected to drive long-term, sustainable growth.” It expects this initiative to generate at least $30M in annualized structural cost savings as well as incremental profitability that will be reflected in its full year 2025 financial outlook to be provided on its Q4 earnings release. In connection with this effort, Coursera plans to reduce its global workforce by approximately 10% “to better align our cost structure and personnel needs with our business objectives, growth opportunities, and operational priorities.”