AI & Jobs Blaize Cuts 26% of Staff After Its Revenue Guide Fell by Two Thirds
Blaize said on September 30 it will cut about 26% of its workforce, for $1.1M to $1.3M in charges and $7.5M to $8.4M in annual savings. It follows an August guidance cut from $130M to $40M to $43M, and the filing does not name AI as a reason.