Brief: Meridianlink Plan Includes A Reduction Of Company's Current Workforce By About 9%

Meridianlink

11/01/2024 11:42

Jan 11 (Reuters) - Meridianlink Inc  MLNK.N :
    * MERIDIANLINK INC - PLAN INCLUDES A REDUCTION OF COMPANY'S
CURRENT WORKFORCE BY APPROXIMATELY 9%
    * MERIDIANLINK INC - ESTIMATES THAT IT WILL INCUR CHARGES OF
APPROXIMATELY $3.3 MILLION TO $4.3 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 2024
    * MERIDIANLINK INC - ON JANUARY 8, AUTHORIZED AN
ORGANIZATIONAL
REALIGNMENT PLAN
    * MERIDIANLINK INC - REALIGNMENT IS TAKING PLACE ACROSS
ENTIRE
ORGANIZATION, WITH LARGEST IMPACT IN TECHNOLOGY AND RESEARCH AND
DEVELOPMENT

Further company coverage:  MLNK.N 

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