C3.ai Trims 26% of Global Workforce Under New CEO Plan

C3.ai, Inc.[Symbol:{ "assets":{ "symbol":"AI" } }] has announced a significant workforce reduction, cutting 26% of its global staff as part of a restructuring effort led by its new chief executive. The software provider also issued a revenue forecast for the current quarter that fell well below analyst expectations, causing its shares to drop 20% in extended trading.