Sprinklr (CXM) plans to reduce its workforce by about 15% as part of a plan to realign employee costs and free up capital for incremental investments, it said in a Thursday regulatory filing.
The company expects to incur non-recurring charges of roughly $25 million related to the job cuts, including severance payments and employee benefits contributions.
Sprinklr anticipates the majority of the restructuring charges will be incurred in Q1 and Q2 of fiscal 2026 and substantially complete the workforce reduction plan by the end of Q3 of fiscal 2026.
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