Angi Reports Q3 2026 Results and Plans for Workforce Reductions

AI-generated NewsSnap summary based on source reporting.
Published: 2026-11-04
Category: business
Source: Kalkine Media

Angi (NASDAQ: ANGI) reported its third-quarter 2026 results, with revenue down 9% to $242 million and adjusted EBITDA at $42.2 million. Following an earnings call on November 4, 2026, reports indicate the company plans for approximately 300 job cuts, aiming for $50 million to $60 million in annual run-rate savings and anticipating $18 million to $30 million in restructuring charges.

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