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Lightspeed Cuts 10% of Workforce and Launches $140M Share Buyback, Aiming for Financial Efficiency and Shareholder Value

Benzinga ·  Apr 3 19:05

Elimination of approximately 10% of Lightspeed's headcount-related operating expenditures.

Lightspeed's board authorized a share repurchase program for up to 10% of its public float - the maximum allowed per year - representing approximately U.S. $140 million.

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