---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-22-040503"
form_type: "8-K"
ticker: null
cik: "0001463172"
company_name: "Zendesk, Inc."
filed_at: "2022-11-08T23:59:59+00:00"
generated_at: "2026-06-22T03:19:50.626715+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Zendesk to cut ~300 jobs (4.9% of workforce); expects $28M in charges

## Summary
- Board approved workforce reduction of ~300 employees, or 4.9% of global workforce.
- Estimated total charges of ~$28M, primarily severance and employee benefits.
- Approximately $8M to be incurred in Q4 2022; reduction substantially complete by Q1 2023.
- Of the $28M, ~$20M are expected to be future cash expenditures.
- Action driven by cost-reduction initiatives to lower operating expenses and sharpen focus on growth.

## SEC filing metadata
- accession: 0001140361-22-040503
- form_type: 8-K
- cik: 0001463172
- company_name: Zendesk, Inc.
- filed_at: 2022-11-08T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.05
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1463172/000114036122040503/0001140361-22-040503-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1463172/000114036122040503/brhc10043862_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-22-040503
- JSON: https://secwatch.observer/filing/0001140361-22-040503.json
- Plain text: https://secwatch.observer/filing/0001140361-22-040503.txt

## Key facts
- Restructurings & Charges
  Zendesk, Inc. announced a restructuring with charges of approximately $28 million affecting workforce (approximately 300 employees).
  - Type: restructuring
  - Charge: approximately $28 million
  - Affected area: workforce
  - Headcount: approximately 300 employees
  source text: initiatives intended to reduce operating expenses and sharpen Zendesk’s focus on key growth priorities. Zendesk currently estimates that it will incur charges of approximately $28 million in connection with the reduction in force, primarily consisting of severance payments, employee benefits and related costs. Zendesk expects that approximately $8 million of
  evidence_url: https://www.sec.gov/Archives/edgar/data/1463172/000114036122040503/0001140361-22-040503-index.htm

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