other_materialconfidence high
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.
item 2.05item 7.01item 9.01
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