other_material
confidence high
sentiment negative
materiality 0.75
Sight Sciences cuts 20% workforce; CCO departs; reaffirms FY revenue guidance
Sight Sciences, Inc.
- Reduces headcount by 43 (~20% of global workforce); expects cash restructuring charge of $2.7M-$3.0M in Q3 2025.
- CCO Matthew Link steps down effective Aug 31; eligible for severance including 1-year base salary and vesting of 61,675 RSUs.
- Reaffirms FY2025 revenue guidance of $72M-$76M; updates adjusted opex guidance to $95M-$99M from $101M-$105M.
- Annualized savings of ~$11.9M from workforce reductions alone.
- Creates segment-specific leadership for Surgical Glaucoma and Dry Eye; delays certain R&D spend.
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