---
schema_version: "secwatch.filing_event.v1"
accession: "0001288847-25-000080"
form_type: "8-K"
ticker: "FIVN"
cik: "0001288847"
company_name: "Five9, Inc."
filed_at: "2025-04-03T23:59:59+00:00"
generated_at: "2026-05-23T22:18:22.491520+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Five9 announces 4% workforce reduction and preliminary Q1 results in-line with guidance

## Summary
- Approximately 4% of global workforce reduced; cash expenses estimated at $7-9M for severance and benefits.
- Non-cash share-based vesting charges of $1-1.5M expected; expenses primarily in Q2 and Q3 2025.
- Preliminary Q1 2025 results expected to be in-line or better than prior guidance; full results in early May.
- Restructuring to prioritize AI investments and drive profitable growth; actions substantially complete by end of Q2 2025.

## SEC filing metadata
- accession: 0001288847-25-000080
- form_type: 8-K
- ticker: FIVN
- cik: 0001288847
- company_name: Five9, Inc.
- filed_at: 2025-04-03T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 2.05, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1288847/000128884725000080/0001288847-25-000080-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1288847/000128884725000080/fivn-20250331.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001288847-25-000080
- JSON: https://secwatch.observer/filing/0001288847-25-000080.json
- Plain text: https://secwatch.observer/filing/0001288847-25-000080.txt

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