Planet Labs PBC(PL) - 2024 Q2 - Earnings Call Transcript

Starting with the organizational changes. In Q2, we undertook significant efforts to focus and optimize resources in support of sustainable, long-term growth and profitability. Firstly, on August 1st, we announced a headcount reduction that led to an approximately 10% reduction in force. This was a difficult decision, but one that ultimately better positions Planet to the opportunity ahead of us. On product engineering priorities, we are pacing the buildout of our next-generation satellite fleets to optimiz ...