Dropped the phrase "diversity, equity and inclusion" from its annual report. The wording appears in the 10-K filed 2024-02-27 and is absent from the 10-K filed 2025-02-26.
Cut 17% of workforce (1,500 employees) in early 2024. Another 5% (300 employees) in early 2025. Total layoffs since 2022 exceed 3,000 (one-third of staff).