{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-026913","form_type":"8-K","ticker":"ZM","cik":"0001585521","company_name":"Zoom Communications, Inc.","filed_at":"2023-02-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:45.715134+00:00","generated_at":"2026-06-19T22:53:01.206859+00:00","sec_items":["2.05","5.02","7.01","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Zoom to cut 15% of workforce (~1,300 employees); CEO reduces salary 98% to $10,000","bullets":["Reduction of approximately 15% of workforce (around 1,300 employees) as part of restructuring plan.","Expected charges of $50M-$68M, primarily in Q1 fiscal 2024, with $43M-$59M cash expenditures.","CEO Eric Yuan reduces base salary by 98% to $10,000 for fiscal 2024; exec team takes 20% salary cut.","Departing US employees offered up to 16 weeks' salary, healthcare, RSU/option vesting for 6 months."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-026913","json":"https://secwatch.observer/filing/0001193125-23-026913.json","markdown":"https://secwatch.observer/filing/0001193125-23-026913.md","text":"https://secwatch.observer/filing/0001193125-23-026913.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1585521/000119312523026913/0001193125-23-026913-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1585521/000119312523026913/d460719d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-19T22:53:01.206859+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":"6d4b633424aab0cc2db6272d06e4a822e77b62a8","claim":"Zoom Communications, Inc. announced a restructuring with charges of approximately $50 million to $68 million (approximately 15 percent).","evidence_excerpt":"The Company estimates that it will incur approximately $50 million to $68 million in charges in connection with the Plan, which will be substantially incurred in the first quarter of fiscal 2024.","evidence_source":"SEC 8-K Item 2.05/2.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1585521/000119312523026913/0001193125-23-026913-index.htm","confidence":0.9,"family_label":"Restructurings & Charges","details":[{"label":"Type","value":"restructuring"},{"label":"Charge","value":"approximately $50 million to $68 million"},{"label":"Headcount","value":"approximately 15 percent"}],"fact_type":"restructuring_charge"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}