06:17 AM EST, 01/16/2025 (MT Newswires) -- (Updates with response from the company.)

Lineage (LINE) will trim its headcount as part of a comprehensive review of operations, the company confirmed to MT Newswires on Wednesday.

"We have made the difficult decision to reduce certain positions within the company," the company said. "While this step was not taken lightly, it is essential to protect our long-term success and adaptability."

The timeline or the scale of the layoffs were not disclosed by the company.