UBER - Why Getaround Shares Are Jumping Today | Benzinga
Getaround, Inc. (NYSE:GETR) shares are trading higher in the premarket session on Thursday.
Getaround said it is planning to restructure its workforce and operations to reduce costs and align with the globalization of the carsharing business.
This new plan includes a workforce reduction, effective immediately, that impacts approximately 30% of the Company’s North American staff.
Getaround anticipates that this cost-reduction program will result in savings of approximately $7 million on an annualized run-rate basis.
The company expects to incur up to $1 million in ...