Brief: Dhi Group Inc Reports Reduction Of Company's Current Workforce By About 10%

DHI

25/05/2023 12:39

May 25 (Reuters) - DHI Group Inc  DHX.N :
    * DHI GROUP INC - REDUCTION OF COMPANY'S CURRENT WORKFORCE
BY
APPROXIMATELY 10%
    * DHI GROUP INC - RESTRUCTURING IS EXPECTED TO GENERATE
ANNUAL
COST SAVINGS OF APPROXIMATELY $8 MILLION TO $10 MILLION.
    * DHI GROUP INC - ALL CHARGES ARE EXPECTED TO BE RECOGNIZED
IN Q2
OF 2023
    * DHI GROUP - ESTIMATES THAT IT WILL INCUR ABOUT $2.6
MILLION IN
CASH, NON CASH CHARGES RELATED TO EMPLOYEE SEVERANCE, BENEFITS

Source text: [ID:http://ml6.in/flIey]
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 ((Reuters.Briefs@thomsonreuters.com;))