C3.ai's Painful Turnaround: $135M Cost Cuts, 26% Layoffs, and Shares Drop Sharply on Weak Results

C3.ai just reported weak Q3 2026 results, missed expectations, slashed its revenue outlook, and announced major layoffs under its new CEO. Stock plunged ~23% premarket.

C3.ai's Painful Turnaround: $135M Cost Cuts, 26% Layoffs, and Shares Drop Sharply on Weak Results
Credit: C3.ai
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