ZoomInfo launches major global restructuring and workforce reductions

The latest update is out from ZoomInfo Technologies ( (GTM) ).

On May 5, 2026, ZoomInfo’s board approved a 2026 restructuring program aimed at cutting operating costs and improving operating leverage through a global reduction in force of about 600 employees, or roughly 20% of its first-quarter headcount. The plan, expected to be substantially completed by the end of 2026, will reallocate around one-quarter of affected roles to other locations and is projected to generate $45 million to $60 million in pre-tax charges while ultimately lowering annual run-rate operating expenses by about $60 million.

In an email to staff on May 11, 2026, CEO Henry Schuck detailed that ZoomInfo will close its Israel site and transfer operations out of the country by year-end, while also eliminating approximately 340 roles in the U.S., India and the U.K., primarily in go-to-market and G&A functions. Management framed the cuts as part of a broader effort to simplify operations, reduce downmarket exposure and redirect savings toward platform development, product roadmap and customer-facing engineering capacity to better serve large enterprise customers, with affected employees receiving severance, limited equity acceleration and, in the U.S., medical premium support.

The most recent analyst rating on (GTM) stock is a Hold with a $8.00 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 Neutral.

The score is anchored by strong financial performance—especially robust free cash flow and improved balance-sheet leverage—tempered by earnings and growth volatility. Technicals are a major drag given a clear downtrend across moving averages and negative MACD. Valuation is only moderately supportive at a ~23x P/E with no dividend yield data, while the latest earnings call is mixed due to strong margins/cash returns but very modest FY2026 revenue guidance and retention/downmarket concerns.

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

More about ZoomInfo Technologies

ZoomInfo Technologies operates in the business-to-business data and software industry, providing a go-to-market intelligence platform that helps sales, marketing, and recruiting professionals identify and engage potential customers. The company increasingly focuses on larger enterprise clients and is aligning its operations and product roadmap to support an upmarket shift and evolving consumption-based pricing models.

Average Trading Volume: 9,910,718

Technical Sentiment Signal: Sell

Current Market Cap: $1.9B

Learn more about GTM stock on TipRanks’ Stock Analysis page.