ZoomInfo cuts 600 employees (20% of workforce) to save $60M annually, exits Israel

Filed May 11, 2026 · Period ending May 5, 2026 · ~1 min read

Key Changes

• high

  Board approved restructuring eliminating ~600 positions globally (20% of Q1 headcount), with Israel site closure by year-end and ~340 roles cut in U.S., India, and U.K. primarily in go-to-market and G&A functions.

  Item 2.05 — Costs Associated with Exit or Disposal Activities verify on EDGAR →
• high

  Expected to incur $45M–$60M in pre-tax restructuring charges (mostly cash severance and benefits) in Q2–Q3 2026, delivering ~$60M in annual run-rate operating expense savings once complete by year-end.

  Item 2.05 — Costs Associated with Exit or Disposal Activities verify on EDGAR →
• high

  Strategic shift toward enterprise customers and away from downmarket segments, responding to industry move toward consumption-based pricing and enterprise demand for deeper engineering engagement.

  Exhibit 99.1 view on EDGAR →