---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-23-000897"
form_type: "8-K"
ticker: null
cik: "0001747748"
company_name: "Qualtrics International Inc."
filed_at: "2023-01-11T23:59:59+00:00"
generated_at: "2026-06-20T16:36:51.840657+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Qualtrics cuts ~270 roles (~5% of workforce); expects $5.8M in restructuring charges

## Summary
- Eliminates approximately 270 roles globally, less than 5% of workforce, not aligning with 2023 priorities.
- Non-recurring charges estimated at $5.8 million, mainly severance and benefits, expected in Q1 2023.
- US impacted employees offered minimum 10 weeks pay, health insurance, benefits, and career resources.
- CEO Zig Serafin communicated layoffs via email; conversations expected complete by end of week.
- Implementation substantially complete by end of Q1 2023, subject to local legal requirements.

## SEC filing metadata
- accession: 0001628280-23-000897
- form_type: 8-K
- cik: 0001747748
- company_name: Qualtrics International Inc.
- filed_at: 2023-01-11T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.05, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1747748/000162828023000897/0001628280-23-000897-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1747748/000162828023000897/xm-20230111.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-23-000897
- JSON: https://secwatch.observer/filing/0001628280-23-000897.json
- Plain text: https://secwatch.observer/filing/0001628280-23-000897.txt

## Key facts
- Restructurings & Charges
  Qualtrics International Inc. announced a restructuring with charges of approximately $5.8 million affecting across the Company globally (approximately 270 roles across the Company globally).
  - Type: restructuring
  - Charge: approximately $5.8 million
  - Affected area: across the Company globally
  - Headcount: approximately 270 roles across the Company globally
  source text: Company’s highest priorities for 2023. This represents less than 5% of the Company’s workforce. The Company estimates that it will incur non-recurring charges of approximately $5.8 million in connection with the headcount reductions, primarily consisting of severance payments, notice pay (where applicable), employee benefits contributions and related costs. The
  evidence_url: https://www.sec.gov/Archives/edgar/data/1747748/000162828023000897/0001628280-23-000897-index.htm

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