SoundHound AI cuts 27% of workforce in restructuring effort
Photo: Crypto Briefing
The voice AI company pairs record quarterly revenue with deep layoffs as it chases sustained profitability after its LivePerson deal SoundHound AI is laying off about 27% of its global workforce. The cuts are part of a restructuring plan the company says is designed to deliver long-term profitability. The timing is a little awkward. SoundHound announced the cuts on November 5, 2026, alongside third-quarter results that included record revenue. SoundHound, which trades on the Nasdaq under the ticker SOUN, expects the restructuring to generate pre-tax charges of between $18 million and $22 million.
Source: Crypto Briefing
