ZoomInfo Technologies Inc. (GTM): restructuring charge — ZoomInfo to cut ~600 jobs (~20% of workforce); expects $45-60M in charges

ZoomInfo Technologies Inc.

Restructuring approved May 5, 2026; 600 employees affected, ~20% of Q1 headcount.
Approximately 340 positions eliminated immediately in US, India, and UK, mostly GTM and G&A.
Israel site to close by year-end; some roles transferred to US, Canada, Ireland, India.
Expected pre-tax charges of $45M to $60M, majority cash; annual run-rate savings of ~$60M.
Restructuring focuses on upmarket shift, consumption-based pricing, and product investment.

Key facts

Extracted from this filing and checked against the source text.

Restructurings & Charges SEC 8-K Item 2.05/2.06 confidence 0.9

ZoomInfo Technologies Inc. announced a restructuring with charges of estimated aggregate pre-tax charges in the range of $45 million to $60 million (global reduction in force of approximately 600 employees, impacting approximately 20% of the Company's ending first quar).

Type: restructuring
Charge: estimated aggregate pre-tax charges in the range of $45 million to $60 million
Headcount: global reduction in force of approximately 600 employees, impacting approximately 20% of the Company's ending first quar

Exact text from the filing

are expected to be incurred in the second and third quarters of 2026. The 2026 Restructuring Program is expected to result in estimated aggregate pre-tax charges in the range of $45 million to $60 million, the majority of which are expected to result in cash expenditures. These expenditures primarily consist of one-time termination benefits to affected employees,

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ZoomInfo Technologies Inc. filing history →

Source: SEC EDGAR

accession 0001794515-26-000033

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