secwatch.observer — SEC 8-K summary
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Issuer:     ZoomInfo Technologies Inc. (GTM)
CIK:        0001794515
Form:       8-K
Filed at:   2025-06-09T23:59:59+00:00
Accession:  0001794515-25-000138
Event type: other_material
Sentiment:  negative
Materiality: 0.65
Item codes: 2.05, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ZoomInfo reduces workforce by 6%, expects $4-5M charges and $28M annual savings
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- Workforce reduction of ~6% in Q2 2025, expected to be substantially complete in the quarter.
- Estimated severance and benefit costs of $4M-$5M; expects ~$28M annual run-rate operating expense savings.
- Company reiterates Q2 and full-year 2025 guidance issued on May 12, 2025.
- Restructuring charges to be excluded from non-GAAP financial measures.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1794515/000179451525000138/0001794515-25-000138-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1794515/000179451525000138/zi-20250609.htm
  HTML page:      https://secwatch.observer/filing/0001794515-25-000138

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer