---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-114843"
form_type: "8-K"
ticker: null
cik: "0001389002"
company_name: "MARIN SOFTWARE INC"
filed_at: "2024-10-16T23:59:59+00:00"
generated_at: "2026-05-30T13:39:02.769612+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Marin Software to cut ~27 employees (26% of workforce) in restructuring

## Summary
- Reduction in force of approx. 27 employees (~26% of global headcount) plus release of 7 contractors.
- Cash expenditures of $0.6M-$0.8M, mostly severance; majority recognized by Q4 2024.
- Plan expected to be substantially complete by end of Q4 2024.
- Pre-tax annualized cost savings of $3.5M-$3.7M, beginning in Q4 2024.

## SEC filing metadata
- accession: 0000950170-24-114843
- form_type: 8-K
- cik: 0001389002
- company_name: MARIN SOFTWARE INC
- filed_at: 2024-10-16T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.05, 7.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1389002/000095017024114843/0000950170-24-114843-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1389002/000095017024114843/mrin-20241014.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-114843
- JSON: https://secwatch.observer/filing/0000950170-24-114843.json
- Plain text: https://secwatch.observer/filing/0000950170-24-114843.txt

## Key facts
- Restructurings & Charges
  MARIN SOFTWARE INC announced a restructuring with charges of between approximately $0.6 million and $0.8 million (approximately 27 employees, representing approximately 26% of the Company's global employees as of September 30, 2024).
  - Type: restructuring
  - Charge: between approximately $0.6 million and $0.8 million
  - Headcount: approximately 27 employees, representing approximately 26% of the Company's global employees as of September 30, 2024
  source text: expects to substantially complete the 2024 Restructuring Plan by the end of the quarter ending December 31, 2024. The Company estimates that it will incur between approximately $0.6 million and $0.8 million of cash expenditures in connection with the 2024 Restructuring Plan, substantially all of which relates to severance costs. The Company expects to recognize the
  evidence_url: https://www.sec.gov/Archives/edgar/data/1389002/000095017024114843/0000950170-24-114843-index.htm

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