Cardlytics Announces Workforce Reductions As Part Of Organizational Realignment and Cost Savings Initiative

Core Insights - Cardlytics Inc. has announced a cost savings initiative to optimize its cost structure and align resources with critical business priorities [1] Company Actions - The company has reduced its workforce by approximately 120 full-time employees and contractors, which represents about 30% of its total workforce [1] - Cardlytics expects to incur $2.3 million in severance and related expenses due to this workforce reduction [1]