Brief: Jamf Holding Announces Workforce Reduction Plan, Expects To Impact About 6% Of Full-time Employees

Jamf Holding

25/01/2024 11:14

Jan 25 (Reuters) - Jamf Holding Corp  JAMF.O :
    * JAMF HOLDING CORP:  ANNOUNCED A WORKFORCE REDUCTION PLAN
TO
REDUCE OPERATING COSTS, IMPROVE OPERATING MARGINS
    * JAMF HOLDING CORP: PLAN IS EXPECTED TO IMPACT
APPROXIMATELY 6%
OF COMPANY'S FULL-TIME EMPLOYEES
    * JAMF HOLDING CORP: CURRENTLY ESTIMATES THAT IT WILL INCUR
CHARGES OF ABOUT $6.6 MILLION TO $8.2 MILLION IN CONNECTION WITH
PLAN
    * JAMF HOLDING CORP: EXPECTS THAT MAJORITY OF CHARGES WILL
BE
INCURRED IN Q1 OF 2024
    * JAMF HOLDING CORP: EXECUTION OF PLAN WILL BE SUBSTANTIALLY
COMPLETE BY END OF Q2 OF 2024

Further company coverage:  JAMF.O 

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