Brief: Udemy Inc On Sept 11, Committed To Restructuring Plan That Will Impact About 280 Of Co's Global Employees

Udemy

16/09/2024 23:47

Sept 16 (Reuters) - Udemy Inc  UDMY.O :
    * UDEMY INC: ON SEPT 11, COMMITTED TO RESTRUCTURING PLAN
THAT WILL
IMPACT ABOUT 280 OF CO'S GLOBAL EMPLOYEES
    * UDEMY INC: EXPECTS TO RECOGNIZE RESTRUCTURING CHARGES
BETWEEN
$16 MILLION AND $19 MILLION
    * UDEMY INC: EXPECTS TO REHIRE ABOUT HALF OF IMPACTED ROLES,
PRIMARILY IN LOWER COST GEOGRAPHIES
    * UDEMY INC: RESTRUCTURING IS EXPECTED TO BE COMPLETED BY
MARCH
31, 2025

Source text for Eikon:  ID:n0001607939-24-000172 
Further company coverage:  UDMY.O 

 (Reuters.Briefs@thomsonreuters.com)