---
schema_version: "secwatch.filing_event.v1"
accession: "0001794515-23-000109"
form_type: "8-K"
ticker: "GTM"
cik: "0001794515"
company_name: "ZoomInfo Technologies Inc."
filed_at: "2023-06-02T23:59:59+00:00"
generated_at: "2026-06-14T08:26:34.175323+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# ZoomInfo plans 3% workforce reduction, expects $6M restructuring charge

## Summary
- Reducing ~3% of employee positions to flatten organizational structure and speed decision-making.
- Estimated restructuring charge of ~$6 million, primarily recognized in Q2 2023.
- Impacted employees receive avg 10 weeks severance, accelerated equity vesting, COBRA or education fund support.
- Company continues to hire in sales, engineering, and customer success to invest in generative AI.
- Plan aims to drive long-term growth and continued profitability through efficiency.

## SEC filing metadata
- accession: 0001794515-23-000109
- form_type: 8-K
- ticker: GTM
- cik: 0001794515
- company_name: ZoomInfo Technologies Inc.
- filed_at: 2023-06-02T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 7.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1794515/000179451523000109/0001794515-23-000109-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1794515/000179451523000109/zi-20230602.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001794515-23-000109
- JSON: https://secwatch.observer/filing/0001794515-23-000109.json
- Plain text: https://secwatch.observer/filing/0001794515-23-000109.txt

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