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DHI Group ( (DHX) ) just unveiled an update.
DHI Group, Inc. announced an organizational restructuring to streamline operations, cut costs, and enhance the strategic focus of its two brands, Dice and ClearanceJobs. The reorganization involves reducing the workforce by approximately 8% and eliminating the Chief Revenue Officer and Chief Marketing Officer positions, expected to save $4-6 million annually. New leadership roles have been established to better align with the brands’ market dynamics, aiming to maximize profitability and long-term strategic options.
More about DHI Group
DHI Group, Inc. is a provider of AI-powered career marketplaces specializing in technology roles, operating through its brands Dice and ClearanceJobs. These platforms enable recruiters and hiring managers to efficiently connect with highly skilled technology professionals and offer personalized career insights to tech professionals seeking new opportunities.
YTD Price Performance: 20.0%
Average Trading Volume: 135,717
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $101.5M
Learn more about DHX stock on TipRanks’ Stock Analysis page.