DHI GROUP, INC. (DHX): restructuring charge — DHI Group cuts workforce ~25% at Dice brand; expects $14-16M annual savings

DHI GROUP, INC.

Reduces workforce by ~25% primarily at Dice brand and back-office; charges expected in Q2 2025.
Annual cost savings estimated at $14-$16 million, with immediate realization after restructuring.
Cash charges of ~$4.2 million for employee severance and benefits, substantially complete by Q4 2025.
Restructuring actions expected to be substantially complete by July 2025, subject to local law requirements.

Key facts

Extracted from this filing and checked against the source text.

Restructurings & Charges SEC 8-K Item 2.05/2.06 confidence 0.9

DHI GROUP, INC. announced a restructuring with charges of approximately $4.2 million affecting Dice brand (approximately 25%).

Type: restructuring
Charge: approximately $4.2 million
Affected area: Dice brand
Headcount: approximately 25%

Exact text from the filing

$14.0 million to $16.0 million. The savings will begin to be realized immediately subsequent to the restructuring. The Company estimates that it will incur approximately $4.2 million in cash charges related to employee severance and benefits. Substantially all charges are expected to be recognized in the second quarter of 2025 while the related cash payments

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DHI GROUP, INC. filing history →

Source: SEC EDGAR

accession 0001393883-25-000090

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