Comscore is restructuring its business, which will include a workforce reduction.
In an SEC filing, the media measurement and analytics company expects its restructuring to include: employee terminations; reallocation of commercial and product development resources; reinvestment in and modernization of key technology platforms; consolidation of data storage and processing activities to reduce the Company’s data center footprint; and reduction of other operating expenses, including software and facility costs.
The filing states that the restructuring is estimated to cost $13m-$18m, including approximately $6m for severance benefits to laid off employees.
Media Jobs
Hello. We have downloaded cookies on your device. Some of these cookies are essential for the website to function. Others are non-essential and are used for analytics and advertising.
We need your consent for these types of cookies.
To withdraw your consent or change your cookie choices, please do this through your browser settings.
Otherwise, click OK to accept and continue.AcceptPrivacy policy
