Korn Ferry said it expects the workforce reduction to cut its annualized cost base in the range of $110 million and $120 million.
Photo: Alex Slitz/Getty ImagesKorn Ferry plans to eliminate about 8% of its workforce, according to a regulatory filing Friday.
The organizational consulting firm cited the challenging macroeconomic business environment given ongoing inflation, rising interest rates and global economic and geopolitical uncertainty.
Persons:
Korn, Alex Slitz