DHI Group Inc. Announces Major Reorganization, Plans to Cut Workforce by 25% to Achieve $16 Million in Annual Savings

Reuters
06-24
DHI Group Inc. Announces Major Reorganization, Plans to Cut Workforce by 25% to Achieve $16 Million in Annual Savings

DHI Group Inc. has announced a significant organizational restructuring aimed at reducing operating costs for its Dice brand. The plan involves cutting approximately 25% of the current workforce, primarily within the Dice brand and its back-office support. This restructuring is anticipated to save the company between $14 million and $16 million annually, with savings starting immediately after the restructuring. DHI Group expects to incur around $4.2 million in cash charges related to employee severance and benefits, with most charges recognized in the second quarter of 2025 and payments largely completed by the fourth quarter. The restructuring is projected to be substantially complete by July 2025, subject to local laws and consultation requirements.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. DHI Group Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001393883-25-000090), on June 23, 2025, and is solely responsible for the information contained therein.

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