08:42 AM EDT, 07/15/2025 (MT Newswires) -- Jamf ( JAMF ) said Tuesday it will cut about 6.4% of its workforce and shift resources toward growth areas as part of a "strategic reinvestment plan."
The software company said it plans to focus spending on enterprise sales, small business automation, and expanding artificial intelligence capabilities across its platform.
Jamf ( JAMF ) said it expects to record charges of $11 million to $12.5 million for the workforce reduction, mostly in Q3, with the plan expected to be largely completed by year-end.
The company said it anticipates Q2 revenue and non-GAAP operating income to come in above the high end of its prior guidance.
In May, Jamf ( JAMF ) said it projected non-GAAP operating income of between $29.5 million and $30.5 million on revenue of $167.5 million to $169.5 million.
Analysts polled by FactSet expect operating income of $30 million on revenue of $168.6 million.
Further details will be provided on its Aug. 7 earnings call, Jamf ( JAMF ) said.
Shares of the company were up more than 3% in recent premarket activity Tuesday.