{"schema_version":"secwatch.filing_event.v1","accession":"0001538716-24-000063","form_type":"8-K","ticker":"OPRT","cik":"0001538716","company_name":"Oportun Financial Corp","filed_at":"2024-05-22T23:59:59+00:00","discovered_at":"2026-05-14T18:03:18.896616+00:00","generated_at":"2026-06-01T09:43:56.050497+00:00","sec_items":["2.05","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Oportun cuts 100 jobs (12% corp staff) targeting $97.5M Q4 2024 expense run rate","bullets":["Headcount reduction of 100 employees, ~12% of corporate staff, excluding retail and contact center agents.","Additional cost cuts on external contractors and vendors; targets $97.5M operating expense run rate by Q4 2024.","Pre-tax charges of $2M to $4M expected in Q2 2024, mainly severance and benefits.","Company previously announced plan to reduce annual operating expenses by $30M on March 12, 2024.","Charges will be excluded from non-GAAP financial measures; actual results may differ."],"urls":{"canonical":"https://secwatch.observer/filing/0001538716-24-000063","json":"https://secwatch.observer/filing/0001538716-24-000063.json","markdown":"https://secwatch.observer/filing/0001538716-24-000063.md","text":"https://secwatch.observer/filing/0001538716-24-000063.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1538716/000153871624000063/0001538716-24-000063-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1538716/000153871624000063/oprt-20240522.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-01T09:43:56.050497+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}