---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-25-004803"
form_type: "8-K"
ticker: "ZDGE"
cik: "0001667313"
company_name: "Zedge, Inc."
filed_at: "2025-01-21T23:59:59+00:00"
generated_at: "2026-05-27T22:13:44.098478+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Zedge announces restructuring with 14% workforce cut; targets $1.7M annualized savings

## Summary
- Reducing global workforce by ~14% (14 employees), primarily in GuruShots unit.
- Expects pre-tax annualized cost savings of ~$1.7M from headcount and discretionary spending cuts.
- GuruShots player acquisition spend cut for remainder of FY25; team rightsized to approach breakeven while developing GuruShots 2.0.
- Most restructuring charges to be reported in Q2 and Q3 of FY25 (ending Jan 31 and Apr 30, 2025).

## SEC filing metadata
- accession: 0001213900-25-004803
- form_type: 8-K
- ticker: ZDGE
- cik: 0001667313
- company_name: Zedge, Inc.
- filed_at: 2025-01-21T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- 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/1667313/000121390025004803/0001213900-25-004803-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1667313/000121390025004803/ea0228156-8k_zedge.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-25-004803
- JSON: https://secwatch.observer/filing/0001213900-25-004803.json
- Plain text: https://secwatch.observer/filing/0001213900-25-004803.txt

## Key facts
- Restructurings & Charges
  Zedge, Inc. announced a restructuring with charges of not estimable affecting GuruShots (approximately 14 employees, representing approximately 14% of our global workforce).
  - Type: restructuring
  - Charge: not estimable
  - Affected area: GuruShots
  - Headcount: approximately 14 employees, representing approximately 14% of our global workforce
  source text: On January 21, 2025, Zedge, Inc. (the “Company”) announced a corporate restructuring, which includes a workforce reduction involving approximately 14 employees, representing approximately 14% of our global workforce.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1667313/000121390025004803/0001213900-25-004803-index.htm

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