Item 2.05. Costs Associated with Exit or Disposal Activities
Aligned with our target organization go-to-market strategy and commitment to be
a Rule of 40 managed company, on
Item 7.01. Regulation FD Disclosure
The Company today sent to its employees the email attached as Exhibit 99.1 with respect to the announced reduction in its workforce.
Note Regarding Forward-Looking Statements
This Current Report on Form 8-K contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995.
Words such as expects, anticipates, intends, plans, believes, will, could, should, estimates, may, targets, strategies, intends to, projects, forecasts, guidance, likely, and usually, or variations of such words and other similar expressions identify forward-looking statements, which are based on current expectations and assumptions.
These statements include, but are not limited to, statements regarding
anticipated charges in connection with the reduction in force, and the timing
and process for completion of the reduction in force. These statements are based
on the Company's current plans and expectations and involve risks and
uncertainties that could cause actual future activities and results of
operations to be materially different from those set forth in the
forward-looking statements. Important factors that could cause actual future
activities and results to differ include, among others, the possibility that:
there are impediments to the Company's ability to execute the reduction in force
as currently contemplated; the actual charges in implementing the reduction in
force are higher than anticipated; and there are changes to the assumptions on
which the estimated charges associated with the reduction in force are
based. The Company undertakes no obligation to update publicly any
forward-looking statements, whether as a result of new information, future
events, or otherwise. For further information, please refer to the Company's
reports and filings with the
The forward-looking statements in this Form 8-K represent our view as of
Item 9.01 Financial Statements and Exhibits
Exhibit No. Description 99.1 Email to employees ofPegasystems Inc. sent onJanuary 3, 2023 104 Cover Page Interactive Data File (formatted as Inline XBRL)
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