---
schema_version: "secwatch.filing_event.v1"
accession: "0001023731-23-000004"
form_type: "8-K"
ticker: "EGHT"
cik: "0001023731"
company_name: "8X8 INC /DE/"
filed_at: "2023-01-18T23:59:59+00:00"
generated_at: "2026-06-20T13:46:45.964671+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# 8x8 cuts ~7% of global workforce in restructuring to focus on XCaaS and profitability

## Summary
- Reduction of approximately 7% of global workforce; decisions subject to local law and consultation.
- Restructuring expected to be substantially complete by Q1 FY2024 (ending June 30, 2023).
- Goals: improve operating margins, accelerate non-GAAP profitability and cash flow, focus on XCaaS and CPaaS in APAC.
- Areas of focus include accelerating innovation, increasing XCaaS win rates, and maintaining UCaaS customer experience.
- Interim CEO Sam Wilson cites strategic reallocation of resources; impacted employees being notified.

## SEC filing metadata
- accession: 0001023731-23-000004
- form_type: 8-K
- ticker: EGHT
- cik: 0001023731
- company_name: 8X8 INC /DE/
- filed_at: 2023-01-18T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1023731/000102373123000004/0001023731-23-000004-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1023731/000102373123000004/eght-20230118.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001023731-23-000004
- JSON: https://secwatch.observer/filing/0001023731-23-000004.json
- Plain text: https://secwatch.observer/filing/0001023731-23-000004.txt

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