---
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"
generated_at: "2026-06-22T07:24:16.068749+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# LiveRamp announces 10% workforce reduction, real estate downsizing; expects $30-35M annual savings

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: other_material
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.05
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000733269-22-000038
- JSON: https://secwatch.observer/filing/0000733269-22-000038.json
- Plain text: https://secwatch.observer/filing/0000733269-22-000038.txt

## Key facts
- Restructurings & Charges
  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).
  - Type: restructuring
  - Charge: approximately $5 million of restructuring and related charges primarily related to employee severance and benefits costs and approximately $14 million to $17 mi
  - Headcount: approximately 10% of our full-time employees
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/733269/000073326922000038/0000733269-22-000038-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.