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MANTRA Announces Company Restructuring After Difficult Year

According to Foresight News, MANTRA CEO JP Mullin announced on social media that the company will undergo a restructuring following a challenging year. The move includes reducing the company’s workforce across several departments, including business development, marketing, and human resources.

Mullin explained that a series of extremely unfortunate and unfair events in April 2025, along with continued market downturns, rising competition, and changing market conditions, have made MANTRA’s current cost structure unsustainable. The restructuring is intended to improve capital efficiency and allow the company to concentrate more closely on its core business operations.

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