{"schema_version":"secwatch.filing_event.v1","accession":"0000733269-22-000038","form_type":"8-K","ticker":"RAMP","cik":"0000733269","company_name":"LiveRamp Holdings, Inc.","filed_at":"2022-11-04T23:59:59+00:00","discovered_at":"2026-05-14T18:03:53.409007+00:00","generated_at":"2026-06-22T07:24:16.068749+00:00","sec_items":["2.05"],"event_type":"other_material","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"LiveRamp announces 10% workforce reduction, real estate downsizing; expects $30-35M annual savings","bullets":["Reduction in force of approximately 10% of full-time employees to simplify operations.","Annualized operating expense savings estimated at $30 million to $35 million.","Restructuring charges: ~$5M in severance/benefits; $14M-$17M for real estate in Q3/Q4 FY2023.","Already incurred $12M real estate restructuring charge in Q2 FY2023."],"urls":{"canonical":"https://secwatch.observer/filing/0000733269-22-000038","json":"https://secwatch.observer/filing/0000733269-22-000038.json","markdown":"https://secwatch.observer/filing/0000733269-22-000038.md","text":"https://secwatch.observer/filing/0000733269-22-000038.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/733269/000073326922000038/0000733269-22-000038-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/733269/000073326922000038/ramp-20221103.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-22T07:24:16.068749+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"02b846d8b3d936281bef61990452d2627d681c70","claim":"LiveRamp Holdings, Inc. announced a restructuring with charges of approximately $5 million of restructuring and related charges primarily related to employee severance and benefits costs and approximately $14 million to $17 mi (approximately 10% of our full-time employees).","evidence_excerpt":"our business processes. These actions are expected to result in annualized operating expense savings of $30 million to $35 million. We estimate that we will incur approximately $5 million of restructuring and related charges primarily related to employee severance and benefits costs and approximately $14 million to $17 million of charges related to the real estate","evidence_source":"SEC 8-K Item 2.05/2.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/733269/000073326922000038/0000733269-22-000038-index.htm","confidence":0.9,"family_label":"Restructurings & Charges","details":[{"label":"Type","value":"restructuring"},{"label":"Charge","value":"approximately $5 million of restructuring and related charges primarily related to employee severance and benefits costs and approximately $14 million to $17 mi"},{"label":"Headcount","value":"approximately 10% of our full-time employees"}],"fact_type":"restructuring_charge"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}