Brief: Forrester Research Inc - On May 4, 2023, Company Announced A Reduction In Its Workforce Of Approximately 8% Of Its Employees

Forrester Research

04/05/2023 22:07

May 4 (Reuters) - Forrester Research Inc  FORR.O :
    * FORRESTER RESEARCH INC - ON MAY 4, 2023, COMPANY ANNOUNCED
A
REDUCTION IN ITS WORKFORCE OF APPROXIMATELY 8% OF ITS EMPLOYEES
    * FORRESTER RESEARCH INC - NOTIFICATION TO AFFECTED PERSONS
COMMENCED MAY 1, 2023 AND IS EXPECTED TO BE COMPLETED BY MAY 26,
2023
    * FORRESTER RESEARCH INC - EXPECTS TO INCUR PRE-TAX EXPENSES
OF
APPROXIMATELY $7.3 MILLION TO $8.0 MILLION IN Q2 OF 2023 RELATED
TO JOB CUTS
    * FORRESTER RESEARCH INC - PLANS TO CLOSE CERTAIN OF ITS
SMALLER
OFFICES BOTH INSIDE AND OUTSIDE UNITED STATES
    * FORRESTER RESEARCH - EFFECTIVE MAY 1, GEORGE COLONY,
CHAIRMAN &
CEO, AGREED TO BASE SALARY REDUCTION TO $1.00 ON ANNUALIZED
BASIS FOR REST OF 2023

Further company coverage:  FORR.O 

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