{"schema_version":"secwatch.filing_event.v1","accession":"0001617553-23-000028","form_type":"8-K","ticker":"ZIP","cik":"0001617553","company_name":"ZIPRECRUITER, INC.","filed_at":"2023-05-31T23:59:59+00:00","discovered_at":"2026-05-14T18:03:39.681411+00:00","generated_at":"2026-06-14T10:31:00.802448+00:00","sec_items":["2.05","5.02","7.01","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"ZipRecruiter to cut ~20% of workforce (270 employees); CEO takes 30% salary reduction; reaffirms guidance","bullets":["Headcount reduction of ~270 employees (~20% of total), mostly in sales and customer support; completion expected by June 30, 2023.","Estimated pre-tax charge of $7M-$9M in Q2 2023 for severance and termination benefits.","CEO Ian Siegel agrees to 30% base salary reduction effective June 1, 2023; waives 'good reason' claim related to reduction.","Reaffirms Q2 2023 revenue guidance $167M-$173M and FY2023 adjusted EBITDA $178M-$192M."],"urls":{"canonical":"https://secwatch.observer/filing/0001617553-23-000028","json":"https://secwatch.observer/filing/0001617553-23-000028.json","markdown":"https://secwatch.observer/filing/0001617553-23-000028.md","text":"https://secwatch.observer/filing/0001617553-23-000028.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1617553/000161755323000028/0001617553-23-000028-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1617553/000161755323000028/zip-20230531.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-14T10:31:00.802448+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":"11beaf8fd90c3c4bb5124fb61bbec0f6968e2d01","claim":"ZIPRECRUITER, INC. announced a restructuring with charges of pre-tax charge in the range of $7 million to $9 million during the fiscal quarter ending June 30, 2023, consisting of one-time severance and other termination b affecting global headcount (reduce its global headcount by approximately 270 employees, which represents approximately 20% of the Company's total nu).","evidence_excerpt":"On May 31, 2023, ZipRecruiter, Inc. (the “Company”) announced a plan to reduce its global headcount by approximately 270 employees, which represents approximately 20% of the Company's total number of employees prior to the reduction.","evidence_source":"SEC 8-K Item 2.05/2.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1617553/000161755323000028/0001617553-23-000028-index.htm","confidence":1.0,"family_label":"Restructurings & Charges","details":[{"label":"Type","value":"restructuring"},{"label":"Charge","value":"pre-tax charge in the range of $7 million to $9 million during the fiscal quarter ending June 30, 2023, consisting of one-time severance and other termination b"},{"label":"Affected area","value":"global headcount"},{"label":"Headcount","value":"reduce its global headcount by approximately 270 employees, which represents approximately 20% of the Company's total nu"}],"fact_type":"restructuring_charge"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}