DocuSign (DOCU) shares slide as the company announces a restructuring plan, which includes reducing its workforce by about 6%. In addition, the company forecasts incurring around $28-32 million in non-recurring restructuring changes involved with the plan. DocuSign is the latest company to announce layoffs in 2024.
Yahoo Finance Anchors Brad Smith and Seana Smith break down the latest developments for the e-signature company.
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Editor’s note: This article was written by Nicholas Jacobino
Video Transcript
BRAD SMITH: Shares of DocuSign extending losses this morning after announcing a restructuring plan, cutting its workforce …
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