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.
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