PROG Holdings Inc (PRG) Announces Cost Cuts

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Go back to PROG Holdings Inc (PRG) Announces Cost Cuts

PROG Holdings Announces Cost Savings Actions

January 25, 2024 4:05 PM EST

SALT LAKE CITY--(BUSINESS WIRE)-- PROG Holdings, Inc. (NYSE: PRG), the fintech holding company for Progressive Leasing, Vive Financial, Four Technologies, and Build, today announced several actions as a continuation of cost reduction initiatives expected to result in annual pre-tax savings for the Company.

These additional actions, which include a reduction in workforce, the termination of... More