secwatch.observer — SEC 8-K summary
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Issuer:     LiveVox Holdings, Inc. (—)
CIK:        0001723648
Form:       8-K
Filed at:   2023-01-17T23:59:59+00:00
Accession:  0001104659-23-003944
Event type: other_material
Sentiment:  negative
Materiality: 0.75
Item codes: 2.05, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1723648/000110465923003944/0001104659-23-003944-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1723648/000110465923003944/tm233456d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-003944

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer