Brief: MeridianLink Board Of Directors Authorizes To Cut Workforce Of About 9%

Meridianlink

28/02/2023 12:36

Feb 28 (Reuters) - MeridianLink Inc  MLNK.N :
    * MERIDIANLINK INC - BOARD OF DIRECTORS AUTHORIZED A
RESTRUCTURING
PLAN
    * MERIDIANLINK INC - PLAN INCLUDES A REDUCTION OF COMPANY'S
CURRENT WORKFORCE BY APPROXIMATELY 9%
    * MERIDIANLINK INC - ESTIMATES THAT IT WILL INCUR CHARGES OF
ABOUT
$2.5 MILLION TO $3.5 MILLION IN CONNECTION WITH PLAN
    * MERIDIANLINK INC - ACTIONS ASSOCIATED WITH WORKFORCE
REDUCTION
UNDER PLAN ARE EXPECTED TO BE SUBSTANTIALLY COMPLETE BY END OF
Q1 OF 2023

Further company coverage:  MLNK.N 

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