Layoffs and restructuring at New Relic - Portland Business Journal
Monitoring software maker New Relic, which has just more than 600 employees in downtown Portland, is cutting 160 jobs as part of a restructuring the company says will better align its new subscription sales model. 1
As a result of this restructuring the company expects charges between $13 million to $16 million with the majority reflected in the first quarter of 2022. 1
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