Beeline Targets $3M in Annualized Cost Savings After Dec. 1
Photo: TokenPost
Beeline Holdings, Inc. aims to cut operating costs by $3 million at an annualized rate while its proposed acquisition of a blockchain-based home-equity business remains pending. The digital mortgage lender announced the plan Oct. 20. Its target is about $250,000 a month in lower operating expenses, in addition to cuts made earlier in 2026. The $3 million figure reflects 12 months at that monthly rate, rather than savings Beeline has already realized. The measures include workforce reductions, infrastructure consolidation and the removal of older overhead costs. Beeline expects about $270,000 in one-time transition expenses through Dec. 1.
Source: TokenPost
