In this Research Note, we examine View, Inc, the US smart building platform and windows business, based on 2022 financial results, investor presentations, 10K Annual Report, SEC filings and recent press releases. On 27th March 2023, the View Board of Directors approved a restructuring plan to reduce structural costs. The company expects to decrease overall headcount by approximately 170 employees, which represents approximately 23% of full-time employees. The reduction in workforce is expected to reduce expenses by approximately $23 million over the next 12 months. View had 728 employees in December 2022, including 482 in factory operations in Olive Branch, MS, 126 in sales and marketing and customer support, and 120 other employees primarily in research, development, engineering services and general and administrative support. View reported 2022 revenue of $101.3 million which represented an increase of $27.3 million or 36.9% from $74.0 million in the prior year. This strong growth was driven by the company’s […]