Redbox Lays Off 10% Of Workforce, Considers “A Number” Of Ways To Slash Costs, Citing Pandemic’s Toll

Redbox, which went public via a SPAC last year, said it will lay off 150 employees, about 10% of its workforce. In an SEC filing, the company said “a number of potential strategic alternatives with respect to the company’s corporate or capital structure.” The “ongoing adverse effects” of Covid are to blame for the measures, […]

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