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Tucows Implements Capital Efficiency Plan, That Impacts Approximately 42% Of Ting Business' Workforce And 17% Of Company's Total Workforce

Author: Benzinga Newsdesk | October 31, 2024 06:41am

There were also layoffs at the Tucows head office level, as part of a shared services reorganization.

"We expect this to lead to significant Adjusted EBITDA growth for Tucows in 2025 and for the Ting business to be in and around Adjusted EBITDA breakeven in 2025."

Posted In: TCX


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