Brief: Five9 Inc Announced A Reduction In Force Plan

Five9

20/08/2024 19:01

Aug 20 (Reuters) - Five9 Inc  FIVN.O :
    * FIVE9 INC: ANNOUNCED A REDUCTION IN FORCE PLAN
    * FIVE9 INC: ESTIMATES AGGREGATE COSTS ASSOCIATED WITH PLAN
TO BE
ABOUT $12 MILLION TO $15 MILLION
    * FIVE9 INC: PLAN IS EXPECTED TO REDUCE CO'S GLOBAL
FULL-TIME
EMPLOYEES BY ABOUT 7%
    * FIVE9 INC: EXPECTS TO INCUR REDUCTION IN FORCE PLAN
EXPENSES
PRIMARILY IN Q3 & Q4 2024

Source text for Eikon:  ID:n0001288847-24-000125 
Further company coverage:  FIVN.O 

 ((Reuters.Briefs@thomsonreuters.com;))