Freightos Cuts 15% Workforce for $4.5M Savings, Files 2025 Annual Report
Freightos will cut up to 15% of its global workforce, incurring $1.3 million in one‐time charges while targeting $4.5 million in annualized savings to achieve Adjusted EBITDA breakeven by end‐2026. The company also filed its 2025 Form 20-F, disclosing audited financial statements.
1. Cost Optimization Plan
Freightos announced a global workforce reduction of up to 15% to improve operating efficiency and support its path to Adjusted EBITDA breakeven by the end of 2026. The company expects to incur approximately $1.3 million in one‐time restructuring charges over the first nine months of 2026 and to generate $4.5 million in annualized cost savings beginning in the fourth quarter. New CEO Pablo Pinillos emphasized continued investment in pricing, procurement and booking solutions, as well as advanced AI technology to streamline operations.
2. Annual Report Filing
Freightos filed its annual report on Form 20-F for the fiscal year ended December 31, 2025, including audited financial statements. The report is available to investors via SEC filings and the company’s investor relations website, and can be requested in hard copy free of charge.