---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-23-001901"
form_type: "8-K"
ticker: "TREE"
cik: "0001434621"
company_name: "LendingTree, Inc."
filed_at: "2023-03-29T23:59:59+00:00"
generated_at: "2026-06-17T10:14:10.328199+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# LendingTree cuts 13% of workforce, expects $5.6M in severance charges

## Summary
- Workforce reduction of ~13% committed on March 24, 2023.
- Estimated severance charges of $5.6M ($4.6M cash, $1.0M non-cash equity).
- Charges expected in Q1 and Q2 2023; execution by end of Q2 2024.
- No revision to Q1 or full-year outlook at this time.

## SEC filing metadata
- accession: 0001683168-23-001901
- form_type: 8-K
- ticker: TREE
- cik: 0001434621
- company_name: LendingTree, Inc.
- filed_at: 2023-03-29T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.05
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1434621/000168316823001901/0001683168-23-001901-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1434621/000168316823001901/lendingtree_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-23-001901
- JSON: https://secwatch.observer/filing/0001683168-23-001901.json
- Plain text: https://secwatch.observer/filing/0001683168-23-001901.txt

## Key facts
- Restructurings & Charges
  LendingTree, Inc. announced a restructuring with charges of approximately $5.6 million in severance charges (approximately 13% of the Company’s current workforce).
  - Type: restructuring
  - Charge: approximately $5.6 million in severance charges
  - Headcount: approximately 13% of the Company’s current workforce
  source text: On March 24, 2023, LendingTree, Inc. (the “Company”) committed to a workforce reduction plan (the “Reduction Plan”), that is intended to reduce operating costs. The Reduction Plan includes the elimination of approximately 13% of the Company’s current workforce. As a result of the Reduction Plan, the Company estimates that it will incur approximately $5.6 million in severance charges
  evidence_url: https://www.sec.gov/Archives/edgar/data/1434621/000168316823001901/0001683168-23-001901-index.htm

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