---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-067383"
form_type: "8-K"
ticker: "PSNL"
cik: "0001527753"
company_name: "Personalis, Inc."
filed_at: "2023-12-01T23:59:59+00:00"
generated_at: "2026-06-07T19:20:28.164695+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Personalis cuts up to 65 jobs, estimates $4M charge and $14M annual savings

## Summary
- Board approved reduction in workforce of up to 65 employees; completion expected by end of January 2024.
- Estimated severance and benefit charges of ~$4 million, primarily in Q4 2023; substantially all cash.
- Expected ~$14 million savings in FY2024 operating expenses (salary, bonuses, taxes, benefits, stock-based comp).

## SEC filing metadata
- accession: 0000950170-23-067383
- form_type: 8-K
- ticker: PSNL
- cik: 0001527753
- company_name: Personalis, Inc.
- filed_at: 2023-12-01T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.05, 7.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1527753/000095017023067383/0000950170-23-067383-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1527753/000095017023067383/psnl-20231201.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-067383
- JSON: https://secwatch.observer/filing/0000950170-23-067383.json
- Plain text: https://secwatch.observer/filing/0000950170-23-067383.txt

## Key facts
- Restructurings & Charges
  Personalis, Inc. announced a restructuring with charges of approximately $4 million (up to 65 employees).
  - Type: restructuring
  - Charge: approximately $4 million
  - Headcount: up to 65 employees
  source text: is expected to be substantially completed by the end of January 2024. In connection with these actions, the Company estimates that it will incur charges of approximately $4 million for severance payments and employee benefits, primarily in the fourth quarter of 2023. Substantially all of the estimated charges are expected to result in future cash
  evidence_url: https://www.sec.gov/Archives/edgar/data/1527753/000095017023067383/0000950170-23-067383-index.htm

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