News Image

MaxCyte Announces Operational Restructuring to Reduce Costs and Accelerate Path to Profitability

Provided By GlobeNewswire

Last update: Sep 22, 2025

ROCKVILLE, Md., Sept. 22, 2025 (GLOBE NEWSWIRE) -- MaxCyte, Inc., (Nasdaq: MXCT), a leading, cell-engineering focused company providing enabling platform technologies to advance the discovery, development and commercialization of next-generation cell therapeutics, today announced a restructuring of its operations to better align resources with its strategic priorities. This plan includes a reduction of approximately 34% of the Company’s global workforce, inclusive of employees engaged through employer-of-record (EOR) arrangements. Anticipated annualized savings as a result of this action are expected to be approximately $13.6 million.

Read more at globenewswire.com

MAXCYTE INC

NASDAQ:MXCT (11/17/2025, 1:52:04 PM)

1.675

+0.09 (+6.01%)



Find more stocks in the Stock Screener

Follow ChartMill for more