Materiality pending
Public signal · 1-minute delayed
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AI summary
What happened, with direct paths to the underlying reporting
- Pagaya (PGY) plans to lay off about 100 employees, mainly in Israel. - The company aims to cut costs by $25 million this year. - Increase in adjusted EBITDA outlook for 2024. Price Impact Rating: bearish Impact Horizon Rating: short-term Type: Corporate Developments
- Pagaya (PGY) plans to lay off about 100 employees, mainly in Israel.
- The company aims to cut costs by $25 million this year.
- Increase in adjusted EBITDA outlook for 2024.
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