secwatch.observer — SEC 8-K summary
======================================

Issuer:     MANHATTAN ASSOCIATES INC (MANH)
CIK:        0001056696
Form:       8-K
Filed at:   2026-06-01T20:03:46+00:00
Accession:  0001193125-26-251382
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 2.05, 7.01
LLM model:  deepseek-v4-flash:cloud@v2

Manhattan Associates to cut ~6% of global headcount; expects $7M-$9M in severance costs in Q2 2026
--------------------------------------------------------------------------------

- Reduces global headcount by ~6% to leverage operational efficiencies and focus on strategic priorities.
- Expects $7M to $9M in total cash expenses in Q2 2026, mostly severance and termination benefits.
- Plan expected to be substantially completed by end of second quarter 2026.
- Intends to exclude these charges from future non-GAAP financial measures.
- Reaffirms 2026 financial guidance previously provided on April 21, 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1056696/000119312526251382/0001193125-26-251382-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1056696/000119312526251382/manh-20260601.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-251382

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer