---
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"
generated_at: "2026-05-25T04:40:13.440415+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Wolfspeed cuts 180 jobs, slashes capex, targets EBITDA breakeven at $800M revenue

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: other_material
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 7.01, 8.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000895419-25-000032
- JSON: https://secwatch.observer/filing/0000895419-25-000032.json
- Plain text: https://secwatch.observer/filing/0000895419-25-000032.txt

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