Brief: Vacasa To Reduce About 320 Positions
Feb 28 (Reuters) - Vacasa Inc VCSA.O :
* VACASA INC - ON FEBRUARY 27, 2024, BOARD OF DIRECTORS OF
COMPANY
APPROVED A WORKFORCE REDUCTION PLAN
* VACASA INC - PLAN INCLUDES ELIMINATION OF APPROXIMATELY
320
POSITIONS ACCROSS COMPANY
* VACASA-EXPECTS TO INCUR $4-5 MILLION OF COSTS, CONSISTING
PRIMARILY OF EMPLOYEE SEVERANCE, BENEFIT COSTSPROFESSIONAL
SERVICES FEES IN CONNECTION WITH PLAN
Source text for Eikon: ID:n0001874944-24-000008
Further company coverage: VCSA.O
((Reutersbriefs@thomsonreuters.com;))
Recent news on Vacasa
See all newsBrief: ISS And Glass Lewis Recommend Vacasa Shareholders Vote “For” Proposed Merger With Casago
Brief: Vacasa Responds To Revised Unsolicited Proposal From Davidson Kempner Capital Management
Silver Lake’s sharp elbows risk being dislocated
Silver Lake’s sharp elbows risk being dislocated
Brief: Davidson Kempner Capital Management Lp Says Fully Committed To Acquiring Vacasa And Now Offering $5.83 Per Share In Cash - SEC Filing