BRIEF-Banzai International Announces Operating Cost Reduction To Raise Operating Profits By $5.5 Million Annually

Banzai International, Inc. Class A

Banzai International, Inc. Class A

BNZI

0.00

May 28 (Reuters) - Banzai International Inc BNZI.O:

  • ANNOUNCES OPERATING COST REDUCTION INITIATIVE TO IMPROVE OPERATING PROFITS BY $5.5 MILLION ANNUALLY

  • COST SAVINGS FROM CONSULTANT, PROFESSIONAL SERVICES, AND HEADCOUNT REDUCTIONS

  • ACTIONS EXPECTED TO REDUCE OPERATING CASH BURN BY ABOUT 40%

Source text: ID:nGNX4MvcTv

Further company coverage: BNZI.O


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