Brief: Sonder Holdings Announces Capital Raise And Provides Update On Integration With Marriott International
14/04/2025 14:16
April 14 (Reuters) - Sonder Holdings Inc SOND.O: SONDER HOLDINGS INC. ANNOUNCES CAPITAL RAISE AND PROVIDES UPDATE ON INTEGRATION WITH MARRIOTT INTERNATIONAL, INC. SONDER HOLDINGS INC - IMPLEMENTS $50 MILLION IN ANNUALIZED COST REDUCTIONS SONDER HOLDINGS INC: FULL INTEGRATION WITH MARRIOTT'S DIGITAL CHANNELS AND PLATFORM ANTICIPATED BY Q2 2025 SONDER HOLDINGS INC: COST SAVINGS ANTICIPATED TO COME FROM HEADCOUNT REDUCTIONS, SOFTWARE SAVINGS & OTHER EFFICIENCIES Source text: ID:nBw6VkYSxa Further company coverage: SOND.O ((Reuters.Briefs@thomsonreuters.com;))
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