DHI Group Restructures Dice Brand, Cuts 25% of Workforce

DHI Group is restructuring its Dice brand and cutting 25% of its workforce. The company, which provides AI-powered career marketplaces for technology roles, aims to improve efficiency and competitiveness. Shares gained after hours following the announcement.

DHI Group Inc. has announced a significant organizational restructuring aimed at reducing costs and improving efficiency. The company, which operates the AI-powered career marketplace Dice, plans to cut approximately 25% of its workforce, as detailed in a recent SEC filing [1]. This move is expected to generate annual cost savings of $14 million to $16 million and is part of a broader effort to enhance the company's competitiveness.

The restructuring, which includes a $4.2 million cash charge for severance and benefits, is anticipated to be completed by July 2025. The primary objective is to streamline operations and reduce the operating costs of the Dice brand. This strategic decision comes at a time when the company is focusing on leveraging technology to improve its market position.

Following the announcement, DHI Group's shares gained after hours, indicating a positive market response to the restructuring plan. Investors are likely to be reassured by the expected cost savings and the potential for improved operational efficiency.

References:
1. [https://www.tradingview.com/news/reuters.com,2025:newsml_FWN3SQ0SV:0-dhi-group-to-reduce-workforce-by-about-25-sec-filing/](https://www.tradingview.com/news/reuters.com,2025:newsml_FWN3SQ0SV:0-dhi-group-to-reduce-workforce-by-about-25-sec-filing/)