{"schema_version":"secwatch.filing_event.v1","accession":"0001794515-26-000033","form_type":"8-K","ticker":"GTM","cik":"0001794515","company_name":"ZoomInfo Technologies Inc.","filed_at":"2026-05-11T20:09:29+00:00","discovered_at":"2026-05-11T20:11:00.398083+00:00","generated_at":"2026-05-11T22:26:13.608150+00:00","sec_items":["2.05","7.01","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"ZoomInfo to cut ~600 jobs (~20% of workforce); expects $45-60M in charges","bullets":["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."],"urls":{"canonical":"https://secwatch.observer/filing/0001794515-26-000033","json":"https://secwatch.observer/filing/0001794515-26-000033.json","markdown":"https://secwatch.observer/filing/0001794515-26-000033.md","text":"https://secwatch.observer/filing/0001794515-26-000033.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1794515/000179451526000033/0001794515-26-000033-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1794515/000179451526000033/zi-20260505.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-11T22:26:13.608150+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"8c38591ba855a905d19287b38efe7b082f66f2f8","claim":"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).","evidence_excerpt":"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,","evidence_source":"SEC 8-K Item 2.05/2.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1794515/000179451526000033/0001794515-26-000033-index.htm","confidence":0.9,"family_label":"Restructurings & Charges","details":[{"label":"Type","value":"restructuring"},{"label":"Charge","value":"estimated aggregate pre-tax charges in the range of $45 million to $60 million"},{"label":"Headcount","value":"global reduction in force of approximately 600 employees, impacting approximately 20% of the Company's ending first quar"}],"fact_type":"restructuring_charge"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}