---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-26-042199"
form_type: "8-K"
ticker: "VERI"
cik: "0001615165"
company_name: "Veritone, Inc."
filed_at: "2026-06-10T20:12:25+00:00"
generated_at: "2026-06-10T20:13:58.212361+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Veritone announces restructuring: 25% workforce reduction, expects up to 30% annual expense cut

## Summary
- Workforce reduction of at least 25% of employees as of March 31, 2026, initiated June 10, 2026.
- Expected to be substantially completed by late July 2026; structured phases.
- Aims to reduce annual operating expenses by up to 30% vs TTM ended March 31, 2026.
- Costs (severance, benefits, exit costs) not yet estimable; will be recognized in Q2/Q3.
- Plan includes reduction in third-party operating costs and employee count.

## SEC filing metadata
- accession: 0001628280-26-042199
- form_type: 8-K
- ticker: VERI
- cik: 0001615165
- company_name: Veritone, Inc.
- filed_at: 2026-06-10T20:12:25+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.05
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1615165/000162828026042199/0001628280-26-042199-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1615165/000162828026042199/veri-20260610.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-26-042199
- JSON: https://secwatch.observer/filing/0001628280-26-042199.json
- Plain text: https://secwatch.observer/filing/0001628280-26-042199.txt

## Key facts
- Restructurings & Charges
  Veritone, Inc. announced a restructuring affecting Company-wide (at least 25% of its employee count as of March 31, 2026).
  - Type: restructuring
  - Affected area: Company-wide
  - Headcount: at least 25% of its employee count as of March 31, 2026
  source text: On June 1, 2026, Veritone, Inc. (the “Company”) made the decision to implement a restructuring plan (the “Plan”), which includes a workforce reduction that was initiated on June 10, 2026, and a reduction in certain third-party operating costs.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1615165/000162828026042199/0001628280-26-042199-index.htm

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