Video software company Kaltura to cut 11% of work force in restructuring

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Kaltura Inc. a New York-based company that makes software for video recording, streaming and hosting, said Wednesday it’s planning to reduce its work force...

Kaltura Inc.

a New York-based company that makes software for video recording, streaming and hosting, said Wednesday it’s planning to reduce its work force by about 11% as it works to position itself for lower demand, spend and budgets across its market segments. The company expects to book charges of about $16 million related to the move, it said in a regulatory filing.

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U spelled recession wrong

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