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Freightos lays off 13% of employees, revises outlook 

2023 revenue expected to drop from low of $21.2M to high of $21.2M  

Yael KatzwerbyYael Katzwer
July 12, 2023
in Air Cargo Digital Booking
Reading Time: 4 mins read
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Freightos announced Tuesday that it has lowered its revenue expectations for 2023 and will reduce its headcount by 13%.  The digital booking and payment platform giant is instituting a new plan for operational efficiency, including the staff cut, which is expected to improve adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) by about $1.4 […]

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