Getaround Inc. - Ordinary Shares - Class A

NYSE:GETR   9:30:47 AM EDT
0.00 (0.00%)
Debt Financing / Related

Getaround Inc Approved A Restructuring Plan

Published: 02/02/2023 22:54 GMT
Getaround Inc. - Ordinary Shares - Class A (GETR) - Getaround Inc - on February 1, 2023, the Board of Directors of Co Approved a Restructuring Plan.
Getaround Inc - Company Expects to Reduce Global Headcount by Approximately 10%.
Getaround Inc - Estimates That It Will Incur Total Costs in Connection With the Restructuring of Approximately $1.4 Million.
Getaround Inc - Changes Estimated to Result in Cost Savings of Between $25 Million and $30 Million on an Annualized Run-rate Basis.
Getaround Inc - Actions Are Expected to Be Completed in Calendar Year 2023.
Further Company Coverage: Getrn ((reuters.