Brief: Re/Max Holdings Expects To Incur Pre-Tax Cash Charge Between $5.75 Mln And $6.75 Mln In Q3

Re/Max Holdings

07/07/2022 21:22

July 7 (Reuters) - Re/Max Holdings Inc  RMAX.N :
    * RE/MAX HOLDINGS-DUE TO REDUCTION,EXPECTS TO INCUR PRE-TAX
CASH
CHARGE FOR ONE-TIME TERMINATION BENEFITS, BETWEEN ABOUT $5.75
MILLION & $6.75 MILLION IN Q3
    * RE/MAX HOLDINGS-EXPECTS TO REDUCE ITS OVERALL WORKFORCE BY
ABOUT
120 EMPLOYEES, WHICH IS APPROXIMATELY 17% OF ITS TOTAL
HEADCOUNT, BY THE END OF 2022

Source: (https://bit.ly/3NOSXGs)
Further company coverage:  RMAX.N 

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