---
schema_version: "secwatch.filing_event.v1"
accession: "0001261333-24-000015"
form_type: "8-K"
ticker: "DOCU"
cik: "0001261333"
company_name: "DOCUSIGN, INC."
filed_at: "2024-02-06T23:59:59+00:00"
generated_at: "2026-06-06T07:47:25.578038+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# DocuSign announces restructuring plan cutting ~6% of workforce; expects $28-32M charges; reaffirms Q4/FY24 guidance

## Summary
- Workforce reduction of ~6% (~400 employees), primarily in Sales & Marketing organizations.
- Expects restructuring charges of $28-32M, mostly cash, majority in Q1 FY2025.
- Plan substantially complete by Q2 FY2025; expects Q4 and FY2024 results to meet or exceed prior guidance.
- CEO Allan Thygesen cites need to improve profitability while continuing product investment.

## SEC filing metadata
- accession: 0001261333-24-000015
- form_type: 8-K
- ticker: DOCU
- cik: 0001261333
- company_name: DOCUSIGN, INC.
- filed_at: 2024-02-06T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.05, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1261333/000126133324000015/0001261333-24-000015-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1261333/000126133324000015/docu-20240206.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001261333-24-000015
- JSON: https://secwatch.observer/filing/0001261333-24-000015.json
- Plain text: https://secwatch.observer/filing/0001261333-24-000015.txt

## Key facts
- Restructurings & Charges
  DOCUSIGN, INC. announced a restructuring with charges of approximately $28 to $32 million affecting Sales & Marketing organizations (approximately 6%, with the majority in the Company’s Sales & Marketing organizations).
  - Type: restructuring
  - Charge: approximately $28 to $32 million
  - Affected area: Sales & Marketing organizations
  - Headcount: approximately 6%, with the majority in the Company’s Sales & Marketing organizations
  source text: workforce by approximately 6%, with the majority in the Company’s Sales & Marketing organizations. The Company currently estimates that it will incur charges of approximately $28 to $32 million in connection with the Restructuring Plan, consisting primarily of cash expenditures for employee transition, notice period and severance payments, employee
  evidence_url: https://www.sec.gov/Archives/edgar/data/1261333/000126133324000015/0001261333-24-000015-index.htm

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