March 14, 2018 / 8:34 PM / 6 months ago

BRIEF-Rubicon Project Inc Announces A Headcount Reduction Of About 50 Staff

March 14 (Reuters) - Rubicon Project Inc:

* ANNOUNCES A HEADCOUNT REDUCTION OF ABOUT 50 STAFF

* SAYS LATEST ACTION FOLLOWS HEADCOUNT REDUCTIONS OF ABOUT 25 STAFF EARLIER IN QUARTER

* RUBICON PROJECT - THE ACTIONS RESULT IN ONE-TIME SEVERANCE COSTS OF ABOUT $3.0 MILLION WHICH WILL BE RECOGNIZED PRIMARILY IN Q1 Source text (bit.ly/2FWlhrw) Further company coverage: (Reuters.Brief@thomsonreuters.com)

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