VerticalScope Announces Organizational Changes and Reports Preliminary Unaudited Fourth Quarter and Full Year 2022 Results

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Feb 01, 2023

VerticalScope Holdings Inc. (“VerticalScope” or the “Company”) (TSX: FORA), a technology company that has built and operates a cloud-based digital platform for online enthusiast communities, today announced a reduction in its workforce of approximately 60 employees, representing 22% of the Company’s total employee base. This reduction aligns VerticalScope’s talent with its most important growth initiatives, reduces its expense structure and best positions the Company to navigate the current economic environment.