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ZoomInfo Announces Workforce Reduction for Strategic Growth

Story Highlights
  • ZoomInfo Technologies announced a 6% workforce reduction on June 9, 2025.
  • The reduction is expected to save $28 million annually, supporting the company’s upmarket strategy.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
ZoomInfo Announces Workforce Reduction for Strategic Growth

Confident Investing Starts Here:

An update from ZoomInfo Technologies ( (GTM) ) is now available.

On June 9, 2025, ZoomInfo Technologies announced a workforce reduction of approximately 6% as part of a strategic plan to enhance growth and efficiency. This move is expected to result in $28 million in annual operating expense savings, aligning with the company’s upmarket strategy and financial guidance for 2025.

The most recent analyst rating on (GTM) stock is a Buy with a $15.00 price target. To see the full list of analyst forecasts on ZoomInfo Technologies stock, see the GTM Stock Forecast page.

Spark’s Take on GTM Stock

According to Spark, TipRanks’ AI Analyst, GTM is a Outperform.

The overall stock score of 71 reflects a combination of strong earnings performance and robust cash flow, tempered by valuation concerns and mixed technical indicators. The company’s strategic focus on upmarket growth and product innovation is promising, but declining revenue growth and high valuation present challenges.

To see Spark’s full report on GTM stock, click here.

More about ZoomInfo Technologies

ZoomInfo Technologies Inc. operates in the technology sector, providing a platform for sales and marketing teams to optimize their performance. The company focuses on delivering innovative solutions to enhance customer engagement and drive growth, with a strategic emphasis on moving upmarket.

Average Trading Volume: 5,973,911

Technical Sentiment Signal: Sell

Current Market Cap: $3.26B

Find detailed analytics on GTM stock on TipRanks’ Stock Analysis page.

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