---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-305254"
form_type: "8-K"
ticker: "CMRC"
cik: "0001626450"
company_name: "Commerce.com, Inc."
filed_at: "2022-12-15T23:59:59+00:00"
generated_at: "2026-06-21T04:09:37.692410+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# BigCommerce cuts workforce 13% to accelerate adjusted EBITDA breakeven to Q4 2023

## Summary
- Workforce reduction of ~13% (9% employees, 4% contractors); charges $4.2-4.6M in Q4 2022.
- Evaluating headquarter facility impairment of $2.0-3.2M.
- Adjusted EBITDA breakeven timeline moved forward from mid-late 2024 to Q4 2023.
- Reiterates Q4 and FY2022 revenue and non-GAAP operating loss guidance.
- CEO cites focus on enterprise ecommerce where strongest unit economics.

## SEC filing metadata
- accession: 0001193125-22-305254
- form_type: 8-K
- ticker: CMRC
- cik: 0001626450
- company_name: Commerce.com, Inc.
- filed_at: 2022-12-15T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.05, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1626450/000119312522305254/0001193125-22-305254-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1626450/000119312522305254/d292963d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-305254
- JSON: https://secwatch.observer/filing/0001193125-22-305254.json
- Plain text: https://secwatch.observer/filing/0001193125-22-305254.txt

## Key facts
- Restructurings & Charges
  Commerce.com, Inc. announced a restructuring with charges of approximately $4.2 million to $4.6 million affecting current workforce (approximately 13%, consisting of 9% employees and 4% contractors).
  - Type: restructuring
  - Charge: approximately $4.2 million to $4.6 million
  - Affected area: current workforce
  - Headcount: approximately 13%, consisting of 9% employees and 4% contractors
  source text: On December 14, 2022, BigCommerce Holdings, Inc. (the “Company”) committed to a plan to reduce the Company’s current workforce by approximately 13%, consisting of 9% employees and 4% contractors. The decision was based on cost-reduction initiatives intended to reduce the Company’s cost structure and accelerate its path to profitability. The Company currently estimates that it will incur one-time cash charges of approximately $4.2 million to $4.6 million in connection with the reduction in force, primarily consisting of severance payments, employee benefits and related costs.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1626450/000119312522305254/0001193125-22-305254-index.htm

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