sonder holdings inc shares were down 9 to 178 after the company said it is completing a restructuring of its operations which will result in a 21 cut in existing corporate roles and a 7 reduction of existing frontline roles the stock hit its 52week low of 162 on tuesday then closed wednesday up 7 the lodging company said it is providing severance benefits continuation and other support to assist departing employees with transitioning to new roles sonder expects to incur 35 million to 55 million in onetime restructuring costs 80 of which are expected in the second quarter of 2022 and 20 of which are expected in the second half of 2022 the company also reaffirmed guidance for secondquarter revenue growth of better than 140 yearoveryear and fiscal 2022 revenue growth of 100 to 110 analysts polled by factset are expecting secondquarter revenue of 1141 million and 2022 revenue of 4782 million sonder said it is expecting secondquarter revenue per available room of better than 160 while analysts have forecast revpar of 15440