LOGC CONTEXTLOGIC INC Business Restructuring 8-K Filing 2023 - Workforce Reduction Plan ContextLogic Inc. announced a plan to reduce its workforce by 17% (150 employees) to improve operational efficiencies and expects to incur charges of $3-4 million, with estimated annual savings of $14-23 million starting in Q3 2023.Get access to all SEC 8-K filings of the CONTEXTLOGIC INC