BILL Holdings, Inc. reported solid financial results for its third fiscal quarter. Total revenue reached $406.6 million, a 13% increase year-over-year. The company also announced a major restructuring plan to reduce its workforce by up to 30%. This restructuring is expected to incur $30 million to $60 million in charges. Concurrently, the board authorized a new $1.0 billion share repurchase program.
San Jose, California
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