---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-003442"
form_type: "8-K"
ticker: "ALIT"
cik: "0001809104"
company_name: "Alight, Inc. / Delaware"
filed_at: "2023-02-21T23:59:59+00:00"
generated_at: "2026-06-19T07:13:49.638371+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Alight announces two-year restructuring program with $140M pre-tax charges, expects $100M+ annual savings

## Summary
- Approved two-year strategic transformation program to accelerate cloud migration and reduce costs.
- Expects aggregate pre-tax restructuring charges of approximately $140M over two years.
- Severance charges estimated between $20M and $30M; other charges $100M to $120M.
- Program expected to commence Q1 2023 and be substantially completed over two years.
- Annual savings of over $100M expected after completion.

## SEC filing metadata
- accession: 0000950170-23-003442
- form_type: 8-K
- ticker: ALIT
- cik: 0001809104
- company_name: Alight, Inc. / Delaware
- filed_at: 2023-02-21T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 2.05, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1809104/000095017023003442/0000950170-23-003442-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1809104/000095017023003442/alit-20230220.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-003442
- JSON: https://secwatch.observer/filing/0000950170-23-003442.json
- Plain text: https://secwatch.observer/filing/0000950170-23-003442.txt

## Key facts
- Earnings Releases
  Alight, Inc. / Delaware reported financial results for fourth quarter and fiscal year ended December 31, 2022.
  - Period: fourth quarter and fiscal year ended December 31, 2022
  - Result: reported results
  source text: On February 21, 2023, Alight, Inc. (the “Registrant”) issued a press release announcing its financial results for the fourth quarter and fiscal year ended December 31, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1809104/000095017023003442/0000950170-23-003442-index.htm
- Restructurings & Charges
  Alight, Inc. / Delaware announced a restructuring with charges of approximately $140 million affecting back-office infrastructure and operating model (elimination of full-time positions).
  - Type: restructuring
  - Charge: approximately $140 million
  - Affected area: back-office infrastructure and operating model
  - Headcount: elimination of full-time positions
  source text: costs associated with technology infrastructure transformation, and elimination of full-time positions. The Company currently expects to record in the aggregate approximately $140 million in pre-tax restructuring charges over the next two years. The restructuring charges are expected to include severance charges with an estimated to range from $20 million to $30
  evidence_url: https://www.sec.gov/Archives/edgar/data/1809104/000095017023003442/0000950170-23-003442-index.htm

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