---
schema_version: "secwatch.filing_event.v1"
accession: "0001607939-24-000172"
form_type: "8-K"
ticker: "UDMY"
cik: "0001607939"
company_name: "Udemy, Inc."
filed_at: "2024-09-16T23:59:59+00:00"
generated_at: "2026-05-31T04:36:51.792857+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Udemy commits to restructuring plan affecting ~280 employees; expects $16-19M charges

## Summary
- Plan impacts ~280 global employees; expects to rehire ~half in lower-cost geographies.
- Restructuring charges $16-19M for severance and benefits, recognized Q3 2024 through Q1 2025.
- Cash payments spread over several fiscal quarters; restructuring completion targeted by March 31, 2025.
- Previously announced July 31, 2024 as part of operational efficiency initiative.

## SEC filing metadata
- accession: 0001607939-24-000172
- form_type: 8-K
- ticker: UDMY
- cik: 0001607939
- company_name: Udemy, Inc.
- filed_at: 2024-09-16T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.05
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1607939/000160793924000172/0001607939-24-000172-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1607939/000160793924000172/udmy-20240911.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001607939-24-000172
- JSON: https://secwatch.observer/filing/0001607939-24-000172.json
- Plain text: https://secwatch.observer/filing/0001607939-24-000172.txt

## Key facts
- Restructurings & Charges
  Udemy, Inc. announced a restructuring with charges of between $16 million and $19 million (approximately 280 of the Company's global employees).
  - Type: restructuring
  - Charge: between $16 million and $19 million
  - Headcount: approximately 280 of the Company's global employees
  source text: on September 11, 2024, the Company committed to a restructuring plan that will impact approximately 280 of the Company's global employees. The Company expects to rehire approximately half of the impacted roles, primarily in lower cost geographies. As a result, the Company expects to recognize restructuring charges between $16 million and $19 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1607939/000160793924000172/0001607939-24-000172-index.htm

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