Brief: WM Technology Inc Says, On Nov 29, 2022 And Dec 1, 2022, Board Approved Plans To Reduce Co's Current Workforce By Up To 175 Employees - Filing

WM Technology

05/12/2022 23:11

Dec 5 (Reuters) - WM Technology Inc  MAPS.O :
    * WM TECHNOLOGY INC - ON NOV 29, 2022 AND DEC 1, 2022, BOARD
APPROVED PLANS TO REDUCE CO'S CURRENT WORKFORCE BY UP TO 175
EMPLOYEES
    * WM TECHNOLOGY INC - ESTIMATES THAT IT WILL INCUR CHARGES
OF
ABOUT $10.7 MILLION IN CONNECTION WITH REDUCTION IN FORCE
    * WM TECHNOLOGY INC - APPROVED PLANS TO REDUCE  CURRENT
WORKFORCE
BY UP TO 175 EMPLOYEES, REPRESENTING ABOUT 25% OF  TOTAL GLOBAL
WORKFORCE

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