RGP Cost-Reduction Efforts Curb First-Quarter Expenses

Dow Jones
10/08

RGP trimmed selling, general and administrative expenses by $4.8 million year over year in the fiscal first quarter, helping offset weaker revenue. The Dallas-based professional services firm cut employee compensation and benefits by $2.5 million following reductions in force during fiscal 2026 and reduced spending on external consultants by $1.2 million. Facilities costs dropped $500,000 after the company exited certain offices. Adjusted SG&A came in at $40.3 million, better than the company's earlier outlook, even as the firm recorded $417,000 in restructuring costs.

 

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