** DocuSign, a virtual document signing platform DOCUShares are down about 6% premarket at $50.26

** The company said it will move forward with restructuring and strive to streamline costs

** DOCU is exploring a sale and is currently in talks with Bain Capital and Hellman & Friedman.

** As of January 31, 2023, the company has 7,336 employees.

** It is expected that the number of existing employees will be reduced by approximately 6%, with the affected positions being concentrated in the sales and marketing departments.

** The restructuring plan is currently expected to incur costs of approximately $28 million to $32 million

** In 2023, DOCU shares are up 7.2