Qualtrics International Inc To Eliminate About 270 Roles

Reuters
2023.01.11 22:00
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Qualtrics International Inc (XM.O) : QUALTRICS INTERNATIONAL INC - COMMITTED TO A PLAN TO ELIMINATE APPROXIMATELY 270 ROLES ACROSS COMPANY GLOBALLY QUALTRICS INTERNATIONAL INC - ESTIMATES THAT IT WILL INCUR NON-RECURRING CHARGES OF APPROXIMATELY $5

Jan 11 (Reuters) - Qualtrics International Inc (XM.O) :

  • QUALTRICS INTERNATIONAL INC - COMMITTED TO A PLAN TO ELIMINATE APPROXIMATELY 270 ROLES ACROSS COMPANY GLOBALLY

  • QUALTRICS INTERNATIONAL INC - ESTIMATES THAT IT WILL INCUR NON-RECURRING CHARGES OF APPROXIMATELY $5.8 MILLION IN CONNECTION WITH HEADCOUNT REDUCTIONS

  • QUALTRICS INTERNATIONAL INC - EXPECTS THAT MAJORITY OF RESTRUCTURING CHARGES WILL BE INCURRED IN Q1 OF FISCAL 2023

  • QUALTRICS INTERNATIONAL INC - IMPACTED EMPLOYEES IN U.S. WILL BE OFFERED MINIMUM OF 10 WEEKS PAY, HEALTH INSURANCE, BENEFITS & CAREER RESOURCES

  • QUALTRICS INTERNATIONAL - SEES IMPLEMENTATION OF HEADCOUNT REDUCTIONS, INCLUDING CASH PAYMENTS, TO BE SUBSTANTIALLY COMPLETE BY END OF Q1 2023 Source: (shorturl.at/adghU) Further company coverage: (XM.O)

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