---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-003944"
form_type: "8-K"
ticker: null
cik: "0001723648"
company_name: "LiveVox Holdings, Inc."
filed_at: "2023-01-17T23:59:59+00:00"
generated_at: "2026-06-20T14:49:01.498933+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# LiveVox cuts 16% of workforce; CRO Fowler departs in restructuring plan

## Summary
- Authorized cost reduction plan cutting ~96 employees (~16% of workforce); expects restructuring charge of $3.0M to $3.5M in Q1 2023.
- Erik Fowler, Chief Revenue Officer, terminated effective Jan 20, 2023 as part of CRP; will receive 36 weeks base salary plus COBRA and outplacement.
- CEO John DiLullo states no further workforce reductions are planned; company pivoting to CCaaS growth opportunities.

## SEC filing metadata
- accession: 0001104659-23-003944
- form_type: 8-K
- cik: 0001723648
- company_name: LiveVox Holdings, Inc.
- filed_at: 2023-01-17T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.05, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1723648/000110465923003944/0001104659-23-003944-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1723648/000110465923003944/tm233456d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-003944
- JSON: https://secwatch.observer/filing/0001104659-23-003944.json
- Plain text: https://secwatch.observer/filing/0001104659-23-003944.txt

## Key facts
- Executive change
  Erik Fowler was terminated as Chief Revenue Officer at LiveVox Holdings, Inc..
  - Action: terminated
  - Role: Chief Revenue Officer
  source text: On January 13, 2023, the employment of Erik Fowler, our former Chief Revenue Officer, was terminated, to be effective January 20, 2023, in connection with the CRP.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1723648/000110465923003944/0001104659-23-003944-index.htm
- Restructurings & Charges
  LiveVox Holdings, Inc. announced a restructuring with charges of in the range of $3.0 million to $3.5 million (approximately 96 employees, comprising approximately 16% of the Company’s global workforce).
  - Type: restructuring
  - Charge: in the range of $3.0 million to $3.5 million
  - Headcount: approximately 96 employees, comprising approximately 16% of the Company’s global workforce
  source text: On January 13, 2023, LiveVox Holdings, Inc. (the “Company”) authorized a new cost reduction plan (the “CRP”). Management, with the oversight and guidance of the Company’s board of directors, determined to implement the CRP following a review of the Company’s business, operating expenses and the macroeconomic environment. The CRP is intended to reduce the Company’s cost structure and improve its operational efficiency. The CRP will include a reduction of approximately 96 employees, comprising approximately 16% of the Company’s global workforce. In connection with the CRP, the Company estimates that it will record an aggregate restructuring charge in the first quarter related to one-time termination benefits in the range of $3.0 million to $3.5 million, the substantial majority of which will result in cash expenditures.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1723648/000110465923003944/0001104659-23-003944-index.htm

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