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Teads Holding Launches Strategic Restructuring To Cut Costs; Targeting $35M-$40M Annual Savings; Impacting 10% Of Global Workforce With $8M-$12M In Connected Charges

Benzinga·12/08/2025 22:08:03
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On December 3, 2025, Teads Holding Co. (the "Company") commenced a strategic restructuring plan (the "Restructuring Plan") intended to reduce operating costs, improve operating margins and advance the Company's ongoing commitment to profitable growth.


 

The Restructuring Plan is expected to impact approximately 10% of the Company's employees globally. Decisions regarding the elimination of positions are, however, subject to local law and consultation requirements in certain countries, as well as the Company's business needs.


 

The Restructuring Plan is expected to result in annualized savings of approximately $35 million to $40 million when fully implemented.


 

The Company currently estimates that it will incur approximately $8 million to $12 million in charges in connection with the Restructuring Plan, substantially all of which are expected to be future cash expenditures. These charges consist primarily of notice period and severance payments and employee benefits.


 

The Company expects to incur the majority of the charges associated with the Restructuring Plan in the fourth quarter of fiscal year 2025 and the first quarter of fiscal year 2026. The actions associated with the Restructuring Plan are expected to be substantially complete by the first quarter of fiscal year 2026, subject to local law and consultation requirements.


 

The estimates of the charges and expenditures that the Company expects to incur in connection with the Restructuring Plan, and the timing thereof, are subject to a number of assumptions, including local law requirements in various jurisdictions, and actual amounts may differ materially from estimates.