ChargePoint reorganizes operations, cuts global workforce about 10% with $6 million in restructuring costs
CHPT•CHPT•CHPT•CHPT•ChargePoint reaffirmed revenue guidance of $100 million to $110 million for the quarter ended July 31, 2026.
Restructuring costs are estimated at about $6 million, mainly severance and facility-related expenses.
Completion is targeted in the third quarter of fiscal 2027, with most costs expected in the second and third quarters.
ChargePoint implemented an operational reorganization on July 29, 2026, cutting its global workforce by about 10%.
