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Gone are the old "We're Hiring" Days
We undertook the capital efficiency plan after exploring all other options to finance Ting’s continued expansion. This plan will put the Ting and Tucows businesses back to paths of growing Adjusted EBITDA. With a more efficient cost structure and capital from our recent asset-backed securitization, we are focused on increasing penetration within our own footprints and within large partner markets like Memphis and Colorado Springs. Our goal is to transition Ting to a cash-generating business that sustains its own operations and growth.
Read more: Tucows lays off 17% of staff - Domain Name Wire | Domain Name News