Forrester to cut 8% of staff, book up to $13.5M charges

Forrester Research, Inc. is undertaking a cost-reduction plan that includes cutting approximately 8% of its workforce across multiple geographies and functions.

Rhea-AI Filing Summary

Forrester Research, Inc. is undertaking a cost-reduction plan that includes cutting approximately 8% of its workforce across multiple geographies and functions. Notifications to affected employees began on December 15, 2025 and are expected to be completed by July 31, 2026.

The company expects to record pre-tax expenses of about $10.0 million to $10.5 million from the fourth quarter of 2025 through the first three quarters of 2026, mainly for cash severance and related benefits. Forrester also plans to close certain smaller offices, with estimated total costs of roughly $0.4 million, primarily non-cash lease impairment charges, and expects around $3.0 million of contract termination costs tied to this restructuring.

Insights

Equity analyst

Forrester plans an 8% workforce reduction with restructuring charges spread over 2025–2026.

Forrester Research is implementing a restructuring that reduces its workforce by about 8% and closes certain smaller offices. The plan concentrates on severance, benefit costs, office lease impairments, and contract terminations, indicating a targeted effort to streamline operations and cost structure.

The company estimates pre-tax expenses of $10.0 million to $10.5 million from Q4 2025 through the first three quarters of 2026, largely cash severance and related benefits. Additional anticipated charges include about $0.4 million of mainly non-cash lease impairment costs and roughly $3.0 million of contract termination costs.

Actual impact depends on execution of the reduction in force, office closures, and contract terminations, as Forrester notes that impediments or changed assumptions could cause charges to differ from current estimates. Future company filings are expected to detail realized restructuring costs and any revisions to these estimates.

8-K Event Classification

Item 2.05 — Costs Associated with Exit or Disposal Activities

1 item

Item 2.05 Costs Associated with Exit or Disposal Activities Financial

The company committed to an exit plan involving layoffs, facility closures, or restructuring charges.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What workforce reduction did Forrester Research (FORR) announce in this 8-K?

Forrester Research announced a workforce reduction of approximately 8% of its employees. The cuts span multiple geographies and functions, with notifications starting December 15, 2025 and expected completion by July 31, 2026 as part of a broader cost-reduction initiative.

How much restructuring expense will Forrester Research (FORR) record for the layoffs?

Forrester expects pre-tax expenses of about $10.0 million to $10.5 million. These charges will be recognized from the fourth quarter of 2025 through the first three quarters of 2026, primarily covering cash severance payments and related employee benefit costs for terminated staff.

Over what period will Forrester Research (FORR) recognize the layoff-related charges?

Forrester plans to recognize the layoff-related pre-tax charges from the fourth quarter of 2025 through the first three quarters of 2026. This timing reflects when severance and related benefit obligations, as well as associated restructuring actions, are expected to be incurred and accounted for.

Is Forrester Research (FORR) closing any offices as part of this plan?

Yes. Forrester plans to close certain smaller offices inside and outside the United States. The company anticipates total costs of about $0.4 million for these closures, consisting primarily of non-cash lease impairment charges related to affected office locations rather than large cash outlays.

What additional contract termination costs will Forrester Research (FORR) incur?

In addition to severance and office closure charges, Forrester expects approximately $3.0 million of contract termination costs. These costs relate to ending existing contractual commitments that are no longer needed following the workforce reduction and office footprint changes described in the restructuring actions.

What risks did Forrester Research (FORR) highlight around its restructuring estimates?

Forrester noted that actual results may differ from estimates if it faces impediments executing the workforce reduction, office closings, or contract terminations. Charges could be higher than anticipated or change if underlying assumptions used to calculate the current cost estimates prove inaccurate over time.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 02/09/2026 - 04:05 PM Learn about SEC filing dates

0001023313false00010233132026-02-092026-02-09

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): February 09, 2026

FORRESTER RESEARCH, INC.

(Exact name of Registrant as Specified in Its Charter)

Delaware			000-21433	04-2797789
(State or Other Jurisdiction of Incorporation)			(Commission File Number)	(IRS Employer Identification No.)
60 Acorn Park Drive
Cambridge, Massachusetts				02140
(Address of Principal Executive Offices)				(Zip Code)

Registrant’s Telephone Number, Including Area Code: 617 613-6000

(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class		Trading Symbol(s)		Name of each exchange on which registered
Common Stock, $.01 Par Value		FORR		Nasdaq Global Select Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 2.05 Costs Associated with Exit or Disposal Activities.

On February 9, 2026, the Company announced a reduction in its workforce of approximately 8% of its employees across various geographies and functions. Notification to affected persons commenced December 15, 2025 and is expected to be completed by July 31, 2026. The Company expects to incur pre-tax expenses of approximately $10.0 million to $10.5 million in the fourth quarter of 2025 and the first three quarters of 2026 related principally to cash severance and related benefit costs for terminated employees.

The Company also plans to close certain of its smaller offices both inside and outside the United States. The Company anticipates total costs for this action to be approximately $0.4 million, consisting primarily of non-cash lease impairment costs. In addition, the Company expects to incur approximately $3.0 million for contract termination costs.

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. These statements include, but are not limited to, statements regarding anticipated charges in connection with the reduction in force, the closing of certain of the Company’s offices and contract termination expenses, and the timing and process for completion of these actions. These statements are based on Forrester’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, office closings or contract terminations as currently contemplated; the actual charges in implementing these actions are higher than anticipated; and there are changes to the assumptions on which the estimated charges associated with these actions are based. Forrester 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 Forrester’s reports and filings with the Securities and Exchange Commission.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

			FORRESTER RESEARCH, INC.
Date:	February 9, 2026	By:	/s/ L. Christian Finn
			L. Christian Finn, Chief Financial Officer

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