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Appen to Shut Offices Amid Google Deal Fallout, Eyes Savings

Appen plans to cut costs by $13.5 million due to the end of its Google projects by March. 80% of the savings will be completed by March.

by Mark Eisenberg
Mon, Feb 12, 2024 2:02am
in Apps
• 2 mins read
14.7k
Appen to Shut Offices Amid Google Deal Fallout, Eyes Savings | FinOracle

Photo: Finoracle.net

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Appen to Close North American Offices and Cut Costs After Losing Google Contract

Sydney-based data-annotation provider, Appen, has announced plans to close two of its North American offices as part of a cost-cutting initiative following the loss of its contract with Google. The move is set to reduce annualized costs by $13.5 million and is directly related to the termination of Google’s projects by March 19.

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