{"schema_version":"secwatch.filing_event.v1","accession":"0000895419-25-000032","form_type":"8-K","ticker":"WOLF","cik":"0000895419","company_name":"WOLFSPEED, INC.","filed_at":"2025-03-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:06.724009+00:00","generated_at":"2026-05-25T04:40:13.440415+00:00","sec_items":["7.01","8.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Wolfspeed cuts 180 jobs, slashes capex, targets EBITDA breakeven at $800M revenue","bullets":["Reducing headcount by ~180 employees in materials operations at Durham and Siler City.","FY2026 capex target $150-200M; FY2027 capex target $30-50M, down sharply.","Targets adjusted EBITDA breakeven at $800M annual revenue and ~$200M unlevered op. cash flow in FY2026.","Expects one-time Q3 FY2025 litigation settlement charge; confirms prior quarterly outlook.","Received conditional Certificate of Occupancy for Siler City Materials Facility."],"urls":{"canonical":"https://secwatch.observer/filing/0000895419-25-000032","json":"https://secwatch.observer/filing/0000895419-25-000032.json","markdown":"https://secwatch.observer/filing/0000895419-25-000032.md","text":"https://secwatch.observer/filing/0000895419-25-000032.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/895419/000089541925000032/0000895419-25-000032-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/895419/000089541925000032/wolfspeed-20250306.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-25T04:40:13.440415+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}