Sinch provides further details about its cost reduction program
Stockholm, Sweden – October 14, 2022 – Sinch AB (publ), a global leader in cloud communications and mobile customer engagement, today provides further details about the expected savings and costs related to its previously communicated cost reduction program. The program was announced in connection with the results for the second quarter 2022 and launched to safeguard financial performance and ensure that Sinch meets the financial target to grow Adjusted EBITDA per share by 20 percent per year. The objective of the program is to reduce operating expenses in the Messaging segment and