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Quarterhill cuts workforce by 15 per cent
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Quarterhill cuts workforce by 15 per cent
Quarterhill (TSX:QTRH) has laid off 100 employees, representing about 15 per cent of its headcount The move is intended to reduce costs and put the company on a path to sustainable adjusted EBITDA and operating cash flow Quarterhill provides tolling, logistics, and safety and enforcement solutions in the intelligent transportation systems industry Quarterhill stock has given back 20.73 per cent year-over-year and 35.96 per cent since 2020 Transp…
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