{"schema_version":"secwatch.filing_event.v1","accession":"0001108524-23-000003","form_type":"8-K","ticker":"CRM","cik":"0001108524","company_name":"Salesforce, Inc.","filed_at":"2023-01-04T23:59:59+00:00","discovered_at":"2026-05-14T18:03:43.888619+00:00","generated_at":"2026-06-20T20:08:44.307469+00:00","sec_items":["2.05","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Salesforce to cut ~10% of workforce, incur $1.4B-$2.1B restructuring charges","bullets":["Workforce reduction of ~10% with $1.0B-$1.4B in severance and benefits charges.","Real estate exits and office space reductions expected to incur $450M-$650M.","Total charges estimated at $1.4B-$2.1B; $1.2B-$1.7B in future cash expenditures.","US affected employees get minimum nearly 5 months pay, health insurance, career resources.","Employee restructuring substantially complete by end of FY2024; real estate by FY2026."],"urls":{"canonical":"https://secwatch.observer/filing/0001108524-23-000003","json":"https://secwatch.observer/filing/0001108524-23-000003.json","markdown":"https://secwatch.observer/filing/0001108524-23-000003.md","text":"https://secwatch.observer/filing/0001108524-23-000003.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1108524/000110852423000003/0001108524-23-000003-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1108524/000110852423000003/crm-20230104.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-20T20:08:44.307469+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"bedbab37629df6b28f8028cc1d1a4b00670a1d5e","claim":"Salesforce, Inc. announced a restructuring with charges of The Company estimates that it will incur approximately $1.4 billion to $2.1 billion in charges in connection with the Plan, of which approximately $800 million affecting select real estate exits and office space reductions within certain markets (a reduction of the Company's current workforce by approximately 10 percent).","evidence_excerpt":"are subject to local law and consultation requirements in certain countries, as well as the Company’s business needs. The Company estimates that it will incur approximately $1.4 billion to $2.1 billion in charges in connection with the Plan, of which approximately $800 million to $1.0 billion is expected to be incurred in the fourth quarter of fiscal 2023. These","evidence_source":"SEC 8-K Item 2.05/2.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1108524/000110852423000003/0001108524-23-000003-index.htm","confidence":0.95,"family_label":"Restructurings & Charges","details":[{"label":"Type","value":"restructuring"},{"label":"Charge","value":"The Company estimates that it will incur approximately $1.4 billion to $2.1 billion in charges in connection with the Plan, of which approximately $800 million"},{"label":"Affected area","value":"select real estate exits and office space reductions within certain markets"},{"label":"Headcount","value":"a reduction of the Company's current workforce by approximately 10 percent"}],"fact_type":"restructuring_charge"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}