TLDRRezolve AI targets $60 million in annualized savings through its cost program.RZLV stock closed at $2.28, down 2.56%, before rising 0.42% in after-hours trading.The company expects H2 2026 cash burn to fall sharply from first-half levels.Rezolve targets positive adjusted EBITDA for the month ending June 30, 2027.Cost cuts focus on staffing, cloud services, property and outside spending.Rezolve AI PLC (RZLV) shares outlined a cost reduction program targeting about $60 million in annualized savings. The company expects the measures to sharply reduce cash burn during the second half of 2026. Meanwhile, RZLV stock closed at $2.28, down 2.56%, before gaining 0.42% after hours.Rezolve AI PLC, RZLVRezolve AI Targets Lower Costs and Positive Adjusted EBITDARezolve AI expects its cost program to support positive Adjusted EBITDA when exiting the first half of 2027. The company specifically targets profitability for the month ending June 30, 2027. However, this target does not represent positive Adjusted EBITDA across the full first half.Management has already reduced acquisition-related spending, marketing costs and external legal expenses. The company also plans to eliminate overlapping expenses inherited through previous acquisitions. Consequently, Rezolve expects recurring operating costs to fall as integration work continues.The company will also shift more professional services work to external partners. TCS and Tech Mahindra will support this transition as Rezolve changes its delivery structure. Management expects this approach to improve gross margins while supporting future revenue growth.Operating Program Focuses on Five Cost AreasRezolve’s restructuring program targets cloud infrastructure, staffing, professional services, property and discretionary spending. The company plans to optimize technology capacity and renegotiate selected supplier arrangements. It will also consolidate overlapping services across its operating businesses.Meanwhile, staffing changes will remove duplicated roles created through previous acquisitions. Rezolve will align remaining resources with customer demand and expected revenue opportunities. The company has already completed some office closures and workforce reductions during integration.Property consolidation will address surplus office space inherited through acquisitions. Rezolve will also direct marketing spending toward activities with measurable commercial returns. Furthermore, management plans to apply tighter controls when considering additional acquisitions and other discretionary spending.Cash Burn Reduction Supports Rezolve AI Profitability PlanRezolve recorded several exceptional cash expenses during the first half of 2026. These included fundraising fees, litigation settlements, office closures and acquisition integration costs. As these expenses decline, management expects second-half cash usage to fall substantially.The company reported an Adjusted EBITDA margin of negative 24.9% during the first half. Reaching a positive margin by June 2027 would improve that measure by at least 24.9 percentage points. Still, operating cash-flow breakeven remains a separate financial milestone under the company’s plan.Rezolve will continue funding Rezolve Commerce, Rezolve Pay, Rezolve Reward and Rezolve Insight. It will also maintain spending on brainpowa and supporting infrastructure while reducing broader expenses. The company plans to provide additional business updates during its Investor Day on October 6, 2026. The post Rezolve AI PLC (RZLV) Stock: Eyes Profitability With $60M Cost Cuts appeared first on Blockonomi.