{"schema_version":"secwatch.filing_event.v1","accession":"0001468666-23-000028","form_type":"8-K","ticker":null,"cik":"0001468666","company_name":"SecureWorks Corp","filed_at":"2023-08-14T23:59:59+00:00","discovered_at":"2026-05-14T18:03:34.014281+00:00","generated_at":"2026-06-11T10:44:08.513938+00:00","sec_items":["2.05","7.01","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"SecureWorks cuts workforce ~15%, expects ~$14.2M restructuring charges","bullets":["Workforce reduction of approximately 15% across the company, announced August 14, 2023.","Estimated restructuring costs up to ~$14.2 million, primarily severance and real estate expenses, expected in Q2 FY2024.","Plan refocuses on higher-margin Taegis solutions, which represented 86% of total ARR at Q1 end.","Goal to achieve near break-even Adjusted EBITDA by Q4 FY2024.","CEO Wendy Thomas cites need to simplify structure and deliver profitable growth."],"urls":{"canonical":"https://secwatch.observer/filing/0001468666-23-000028","json":"https://secwatch.observer/filing/0001468666-23-000028.json","markdown":"https://secwatch.observer/filing/0001468666-23-000028.md","text":"https://secwatch.observer/filing/0001468666-23-000028.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1468666/000146866623000028/0001468666-23-000028-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1468666/000146866623000028/scwx-20230804.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-11T10:44:08.513938+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"79c11af50d79fa89801c162235401434b1d98de1","claim":"SecureWorks Corp announced a restructuring with charges of up to approximately $14.2 million affecting workforce and real estate (approximately 15%).","evidence_excerpt":"for continued growth with improving operating margins over time. In connection with the Plan, the Company currently estimates that it will incur expenses up to approximately $14.2 million, the substantial majority of which are expected to result in future cash expenditures. These expenses are anticipated to consist primarily of severance and other termination","evidence_source":"SEC 8-K Item 2.05/2.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1468666/000146866623000028/0001468666-23-000028-index.htm","confidence":0.9,"family_label":"Restructurings & Charges","details":[{"label":"Type","value":"restructuring"},{"label":"Charge","value":"up to approximately $14.2 million"},{"label":"Affected area","value":"workforce and real estate"},{"label":"Headcount","value":"approximately 15%"}],"fact_type":"restructuring_charge"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}