---
schema_version: "secwatch.filing_event.v1"
accession: "0001829126-22-019365"
form_type: "8-K"
ticker: null
cik: "0001862068"
company_name: "Rubicon Technologies, Inc."
filed_at: "2022-11-18T23:59:59+00:00"
generated_at: "2026-06-21T16:06:54.432727+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Rubicon Technologies cuts workforce ~11%; expects $600k charges, $5.5M annual savings

## Summary
- Board approved a reduction in force of approximately 11% of current workforce.
- Estimated one-time cash charges of ~$600k: $500k severance, $100k related costs.
- Charges expected in Q4 2022; reduction substantially complete by end of 2022.
- Annual cash savings of ~$5.5M expected over next twelve months from the plan.

## SEC filing metadata
- accession: 0001829126-22-019365
- form_type: 8-K
- cik: 0001862068
- company_name: Rubicon Technologies, Inc.
- filed_at: 2022-11-18T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 2.05, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1862068/000182912622019365/0001829126-22-019365-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1862068/000182912622019365/rubicontech_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001829126-22-019365
- JSON: https://secwatch.observer/filing/0001829126-22-019365.json
- Plain text: https://secwatch.observer/filing/0001829126-22-019365.txt

## Key facts
- Restructurings & Charges
  Rubicon Technologies, Inc. announced a restructuring with charges of approximately $600,000 (approximately 11%).
  - Type: restructuring
  - Charge: approximately $600,000
  - Headcount: approximately 11%
  source text: On November 15, 2022, the Board of Directors of Rubicon Technologies, Inc. (the “Company”) committed to a reduction in force plan (the “Plan”) as part of the Company’s measures to reduce spending and preserve cash available for the Company’s operations. The Plan involves a reduction in the Company’s current workforce by approximately 11%. The Company currently estimates that it will incur one-time cash charges of approximately $600,000, primarily consisting of an estimated $500,000 in severance payments, and $100,000 in related costs.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1862068/000182912622019365/0001829126-22-019365-index.htm

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