05:48 PM EDT, 06/23/2025 (MT Newswires) -- DHI Group ( DHX ) reported a restructuring of its Dice brand, reducing the company's current workforce by about 25% to streamline operations and cut costs.

The move is expected to generate $14 million to $16 million in annual savings, which will begin to be realized "immediately," the company said in a regulatory filing late Monday.

The headcount reduction and associated back-office streamlining will likely be largely completed by July.

A bulk of the $4.2 million charge related to severance and employee benefits will be recognized in Q2.

Shares of the company jumped 4.1% in after-hours activity.