Brief: Definitive Healthcare To Cut Current Workforce By About 55 People

Definitive Healthcare

12/01/2023 13:54

Jan 12 (Reuters) - Definitive Healthcare Corp  DH.O :
    * DEFINITIVE HEALTHCARE CORP - PLAN PROVIDES FOR A REDUCTION
OF
COMPANY'S CURRENT WORKFORCE BY APPROXIMATELY 55 PEOPLE
    * DEFINITIVE HEALTHCARE CORP - REDUCING THE SIZE OF OUR TEAM
BY
AROUND 6%
    * DEFINITIVE HEALTHCARE CORP - ANNOUNCED A RESTRUCTURING
PLAN
    * DEFINITIVE HEALTHCARE CORP - EXPECTS PLAN WILL BE
SUBSTANTIALLY
COMPLETE BY END OF Q1 OF 2023
    * DEFINITIVE HEALTHCARE CORP -   COMPANY EXPECTS THE PLAN
WILL BE
SUBSTANTIALLY COMPLETE BY THE END OF THE FIRST QUARTER OF 2023
    * DEFINITIVE HEALTHCARE CORP - FOR EMPLOYEES DEPARTING
DEFINITIVE
HEALTHCARE, LAST DAY WILL BE FRIDAY, JANUARY 13
    * DEFINITIVE HEALTHCARE-ESTIMATES IN Q1 OF 2023 TO INCUR
PRE-TAX
CASH RESTRUCTURING,RELATED CHARGES TO GAAP FINANCIAL RESULTS OF
ABOUT $2.0 MILLION-$2.5 MILLION

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