secwatch.observer — SEC 8-K summary
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Issuer:     Quotient Technology Inc. (—)
CIK:        0001115128
Form:       8-K
Filed at:   2022-11-16T23:59:59+00:00
Accession:  0001115128-22-000036
Event type: other_material
Sentiment:  negative
Materiality: 0.60
Item codes: 2.05
LLM model:  deepseek-v4-flash:cloud@v2

Quotient Technology to cut ~82 jobs (9% of workforce); expects $2M in restructuring charges
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- Workforce reduction of ~82 employees (~9% global, ~14% U.S.-based) across functions in US, UK, and India.
- Pre-tax cash restructuring charges of ~$2 million for severance and one-time termination benefits.
- Charges expected to be recognized in Q4 fiscal 2022.
- Reduction is part of ongoing business transformation efforts.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1115128/000111512822000036/0001115128-22-000036-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1115128/000111512822000036/quot-20221115.htm
  HTML page:      https://secwatch.observer/filing/0001115128-22-000036

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