secwatch / observer
8-K filed January 7, 2026, 6:59 PM ET ticker CMRC CIK 0001626450
other material confidence high sentiment neutral materiality 0.70

Commerce.com workforce reduction plan charges $7.4M; CFO adds COO role

Commerce.com, Inc.

item 2.02item 2.05item 5.02item 9.01

Machine-readable event card

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Commerce.com, Inc.
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JSON Markdown Plain text

Source-grounded claims

84c6a39a350f00ef06a06babd000f7ece3a3a570

Commerce.com, Inc. announced a restructuring with charges of approximately $7.4 million and an additional $6.5 million.

The Company recorded an expense of approximately $7.4 million in connection with the Plan during the fourth quarter of fiscal 2025 and estimates an additional $6.5 million in fiscal 2026, which are primarily related to severance payments, professional services, and other related costs.

SEC 8-K Item 2.05/2.06 confidence 0.9 SEC evidence

Comparable filings

IAC

IAC announces name change to 'People Incorporated', restructuring with $40M cost savings, and C-suite changes

IAC Inc. April 28, 2026, 7:59 PM ET other_material Items 2.02, 7.01, 2.05, 5.02, 9.01

same fact type: restructuring_charge same SEC item: 2.02, 2.05, 5.02, 9.01 same event type: other_material similar materiality

This filing

The Company recorded an expense of approximately $7.4 million in connection with the Plan during the fourth quarter of fiscal 2025 and estimates an additional $6.5 million in fiscal 2026, which are primarily related to severance payments, professional services, and other related costs.

Comparable filing

Ahead of its name change to "People Incorporated" which is expected to occur with the release of Q2 2026 earnings in August, the Company has initiated a plan to consolidate its corporate functions with those of its People Inc. business (" People "), through a reduction in workforce, technology integrations, and other cost-saving measures over the coming quarters (the " Plan "). The Plan is expected to generate annual run-rate cost savings of approximately $40 million. The Plan is expected to be completed by Q1 of 2027. The Company expects to incur approximately $14 million in severance and related expenses, $48 million in non-cash stock-based compensation expense and $0.5 million to $1 million in other costs related to the Plan.

Filing page SEC filing

SNAP

Snap reports Q1 rev ~$1.53B (+12% YoY), adj EBITDA ~$233M; cuts 16% of staff (~1,000 jobs)

Snap Inc April 15, 2026, 7:59 PM ET other_material Items 2.02, 2.05, 7.01, 9.01

same fact type: restructuring_charge same SEC item: 2.02, 2.05, 9.01 same event type: other_material similar materiality

This filing

The Company recorded an expense of approximately $7.4 million in connection with the Plan during the fourth quarter of fiscal 2025 and estimates an additional $6.5 million in fiscal 2026, which are primarily related to severance payments, professional services, and other related costs.

Comparable filing

increased operational efficiencies to accelerate our path toward net-income profitability. As a result, we currently estimate that we will incur pre-tax charges in the range of $95 million to $130 million, primarily consisting of severance and related costs, contract termination costs, and other impairment charges, of which $75 million to $100 million are expected

Filing page SEC filing

CARS

Cars.com cuts 11% of workforce, expects $8.5-9M charges; reaffirms FY guidance

Cars.com Inc. April 9, 2026, 7:59 PM ET other_material Items 2.02, 2.05, 9.01

same fact type: restructuring_charge same SEC item: 2.02, 2.05, 9.01 same event type: other_material similar materiality

This filing

The Company recorded an expense of approximately $7.4 million in connection with the Plan during the fourth quarter of fiscal 2025 and estimates an additional $6.5 million in fiscal 2026, which are primarily related to severance payments, professional services, and other related costs.

Comparable filing

On April 9, 2026, the Company also announced a cost reduction program that includes a reduction in the Company’s workforce of approximately 11% of its full-time roles, including certain management roles and two executive roles. In connection with this workforce reduction, the Company expects to incur aggregate charges of approximately $8.5-$9 million, consisting primarily of employee-related costs, including severance, benefits, and other related expenses.

Filing page SEC filing

STIM

Neuronetics announces CFO resignation, 5% workforce reduction, and former CEO consulting deal

Neuronetics, Inc. April 6, 2026, 7:59 PM ET other_material Items 1.01, 2.05, 5.02, 7.01, 9.01

same fact type: restructuring_charge same SEC item: 2.05, 5.02, 9.01 same event type: other_material similar materiality

This filing

The Company recorded an expense of approximately $7.4 million in connection with the Plan during the fourth quarter of fiscal 2025 and estimates an additional $6.5 million in fiscal 2026, which are primarily related to severance payments, professional services, and other related costs.

Comparable filing

On April 2, 2026, the Company initiated a workforce reduction, which it expects to be completed by mid-year 2026, that will impact up to 5% of its employees. The reduction is part of a broader effort to optimize the Company’s cost structure. The Company expects to incur restructuring charges of approximately $0.2 million, primarily for severance and related costs, in the second quarter of 2026.

Filing page SEC filing

TEAM

Atlassian to cut ~10% workforce (~1,600 roles); CTO Rajeev Rajan departing

Atlassian Corp March 11, 2026, 7:59 PM ET other_material Items 2.05, 7.01, 5.02, 9.01

same fact type: restructuring_charge same SEC item: 2.05, 5.02, 9.01 same event type: other_material similar materiality

This filing

The Company recorded an expense of approximately $7.4 million in connection with the Plan during the fourth quarter of fiscal 2025 and estimates an additional $6.5 million in fiscal 2026, which are primarily related to severance payments, professional services, and other related costs.

Comparable filing

efficiency and sustainability. Position eliminations in each country are subject to local law and consultation requirements. The Company estimates it will incur approximately $225 million to $236 million in charges in connection with these actions, of which approximately $169 million to $174 million is expected to result in future cash outlays related to

Filing page SEC filing

IOBTQ

IO Biotech explores strategic alternatives, cuts workforce, CMO departs, hires Raymond James

IO Biotech, Inc. January 30, 2026, 6:59 PM ET other_material Items 2.05, 5.02, 8.01, 9.01

same fact type: restructuring_charge same SEC item: 2.05, 5.02, 9.01 same event type: other_material similar materiality

This filing

The Company recorded an expense of approximately $7.4 million in connection with the Plan during the fourth quarter of fiscal 2025 and estimates an additional $6.5 million in fiscal 2026, which are primarily related to severance payments, professional services, and other related costs.

Comparable filing

As part of previously announced efforts by IO Biotech, Inc. (the “Company”) to reduce the Company’s operating expenses while the Company explores a range of strategic alternatives, the Board of Directors of the Company approved on January 21, 2026, a restructuring and workforce reduction plan (the “Plan”) which is expected to result in a significant reduction of the Company’s workforce globally. In connection with the implementation of the Plan, the Company expects to incur one-time charges and cash expenditures in a range of approximately $2.4 million to $2.6 million, primarily related to employee wages and severance payments, healthcare continuation, earned vacation time and related termination costs.

Filing page SEC filing

FDX

FedEx France restructuring: up to 500 job cuts, $175M-$275M costs; names new COO for US/Canada

FEDEX CORP January 29, 2026, 6:59 PM ET other_material Items 2.05, 5.02, 9.01

same fact type: restructuring_charge same SEC item: 2.05, 5.02, 9.01 same event type: other_material similar materiality

This filing

The Company recorded an expense of approximately $7.4 million in connection with the Plan during the fourth quarter of fiscal 2025 and estimates an additional $6.5 million in fiscal 2026, which are primarily related to severance payments, professional services, and other related costs.

Comparable filing

We expect the pre-tax costs of severance benefits, legal and professional fees, and facilities lease termination charges to be provided under and related to the transformation program to range from $175 million to $275 million

Filing page SEC filing

AIRE

reAlpha cuts workforce 25%, targets $2M annual savings in restructuring

reAlpha Tech Corp. May 6, 2026, 7:59 PM ET other_material Items 2.05, 7.01, 9.01

same fact type: restructuring_charge same SEC item: 2.05, 9.01 same event type: other_material similar materiality

This filing

The Company recorded an expense of approximately $7.4 million in connection with the Plan during the fourth quarter of fiscal 2025 and estimates an additional $6.5 million in fiscal 2026, which are primarily related to severance payments, professional services, and other related costs.

Comparable filing

Plan as well as savings related to certain restricted stock units lapsing over the next twelve months. The Company estimates that it will incur pre-tax charges in the range of $0.14 million to $0.20 million in connection with the Plan, consisting of approximately $0.10 to $0.15 in future cash-based expenditures associated with severance and benefit payments and

Filing page SEC filing

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