Blaize announces restructuring plan to focus resources on core growth areas
BZAI•Blaize plans to reduce its workforce by about 26%, with annualized savings of $7.50 million to $8.40 million and restructuring costs of $1.10 million to $1.30 million. Most charges are expected in the third quarter of 2026.
1. Restructuring details
Blaize announced a restructuring plan to focus resources on core growth areas. The plan is expected to reduce its workforce by about 26% and generate annualized savings of $7.50 million to $8.40 million. Restructuring costs are expected to total $1.10 million to $1.30 million, with most charges expected during the third quarter of 2026.
