Form 8-K STEM, INC. For: Apr 09
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Stem, Inc. (STEM) to Cut 27% Staff
April 14, 2025 9:25 AM EDTOn April 9, 2025, Stem, Inc. (NYSE: STEM) announced a reduction in force plan (the Plan), as part of the Companys broader efforts to prioritize investments in software, reduce operating costs, increase efficiency, drive profitable growth and increase stockholder value.
The Plan will reduce the Companys global full-time workforce by approximately 27%. The Company estimates the total cash expenditures associated with the Plan to be... More
