Manhattan Associates to cut 6% of staff, take Q2 charge

Manhattan Associates, Inc. has launched a cost-reduction plan that will cut its global workforce by approximately 6%.

Rhea-AI Filing Summary

Manhattan Associates, Inc. has launched a cost-reduction plan that will cut its global workforce by approximately 6%. The company expects to record about $7 million to $9 million of mostly cash expenses in the second quarter of 2026, primarily for severance and other one-time termination benefits, and aims to substantially complete the plan by the end of that quarter.

Manhattan plans to exclude these restructuring charges from future presentations of its non-GAAP financial measures. The company also reaffirmed its previously issued 2026 financial guidance, stating that the outlook under its “2026 Guidance” remains in place as referenced in an earlier press release.

Insights

Equity analyst

Manhattan incurs Q2 restructuring charges but keeps 2026 guidance intact.

Manhattan Associates is undertaking a headcount reduction of about 6% globally to align costs with operational efficiencies and strategic priorities. This will drive one-time restructuring expenses of $7 million to $9 million in Q2 2026, largely paid in cash for severance and related benefits.

The company intends to exclude these charges from future non-GAAP metrics, which will preserve comparability of its adjusted results but creates a gap between GAAP and non-GAAP earnings. Management has reaffirmed its previously issued 2026 guidance, indicating that the restructuring is not expected to alter that outlook based on current assumptions.

The overall impact depends on how effectively the smaller workforce supports growth and service levels. Future company filings and disclosures that reference the completed plan and any updates to the 2026 guidance will help clarify whether the cost actions achieve their intended financial and operational effects.

8-K Event Classification

2 items: 2.05, 7.01

2 items

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.

Item 7.01 Regulation FD Disclosure Disclosure

Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.

Key Figures

Headcount reduction: Approximately 6% of global workforce Restructuring expenses: $7 million to $9 million Expense nature: Substantially all in cash +2 more

5 metrics

Headcount reduction Approximately 6% of global workforce Cost-reduction plan announced June 1, 2026

Restructuring expenses $7 million to $9 million Estimated severance and termination costs in Q2 2026

Expense nature Substantially all in cash Treatment of Q2 2026 restructuring charges

Guidance status 2026 guidance reaffirmed Regulation FD disclosure in the 8-K

Plan completion timing By end of Q2 2026 Target for substantially completing workforce plan

Key Terms

Costs Associated with Exit or Disposal Activities, Regulation FD Disclosure, non-GAAP financial measures, forward-looking statements, +1 more

5 terms

Costs Associated with Exit or Disposal Activities financial

"Item 2.05. Costs Associated with Exit or Disposal Activities."

Regulation FD Disclosure regulatory

"Item 7.01. Regulation FD Disclosure."

Regulation FD disclosure requires public companies to share important, market-moving information with everyone at the same time instead of tipping off analysts or large investors first. Think of it as making sure all players on a field hear the same announcement simultaneously; that fairness helps investors trust that stock prices reflect the same information and reduces the risk of sudden, unfair trading advantages or regulatory penalties for selective leaks.

non-GAAP financial measures financial

"exclude the charges associated with these actions from future presentations of its non-GAAP financial measures."

Non-GAAP financial measures are numbers companies use to show their financial performance that exclude certain expenses or income. They help investors see how the company might perform without one-time costs or other unusual items, giving a different perspective from official reports. However, since they can be adjusted, they don’t always tell the full story and should be looked at alongside standard financial figures.

forward-looking statements regulatory

"This report contains “forward-looking statements” relating to Manhattan Associates, Inc."

Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.

emerging growth company regulatory

"405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter). Emerging growth company"

An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.

FAQ

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

What workforce changes did Manhattan Associates (MANH) announce in this 8-K?

Manhattan Associates announced a global headcount reduction of approximately 6%. The move is intended to leverage operational efficiencies and focus investment on key strategic priorities while incurring one-time severance and related termination costs during the second quarter of 2026.

How much will Manhattan Associates (MANH) spend on its headcount reduction?

Manhattan Associates estimates expenses of about $7 million to $9 million in the second quarter of 2026. These costs will be substantially all in cash and will consist mainly of severance payments and other one-time termination benefits associated with the workforce reduction.

When will Manhattan Associates (MANH) complete its restructuring plan?

Manhattan Associates expects to substantially complete its headcount reduction plan by the end of the second quarter of 2026. The related severance and termination expenses are also anticipated to be recognized during that same quarter as the actions are carried out.

How will Manhattan Associates (MANH) treat these charges in non-GAAP results?

Manhattan currently intends to exclude the restructuring charges from future presentations of its non-GAAP financial measures. This means the $7 million to $9 million of severance and termination expenses will impact GAAP results but be adjusted out of non-GAAP metrics.

Did Manhattan Associates (MANH) change its 2026 financial guidance?

Manhattan Associates reaffirmed its previously issued 2026 financial guidance. The company pointed investors to the “2026 Guidance” section of an earlier press release, indicating that the outlook for 2026 remains unchanged despite the announced restructuring actions.

What forward-looking risks does Manhattan Associates (MANH) highlight in this report?

Manhattan highlights risks such as global economic conditions, military conflicts, retail sector disruption, product delays, competitive pressures, technology failures, cyber risks, and AI-related issues. It also references risk factors detailed in its Form 10-K for the year ended December 31, 2025.

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

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Accepted by SEC EDGAR 06/01/2026 - 04:03 PM Learn about SEC filing dates

0001056696false00010566962026-06-012026-06-01

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): June 1, 2026

MANHATTAN ASSOCIATES, INC.

(Exact name of Registrant as Specified in Its Charter)

Georgia			0-23999	58-2373424
(State or Other Jurisdiction of Incorporation)			(Commission File Number)	(IRS Employer Identification No.)
2300 Windy Ridge Parkway Tenth Floor
Atlanta, Georgia				30339
(Address of Principal Executive Offices)				(Zip Code)

Registrant’s Telephone Number, Including Area Code: (770) 955-7070

(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		MANH		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 June 1, 2026, Manhattan Associates, Inc. (“Manhattan”) initiated plans to reduce its global headcount by approximately 6%, leveraging increased operational efficiencies and allowing it to focus investments on key strategic priorities. Manhattan estimates that it will incur expenses, substantially all in cash, of approximately $7 million to $9 million in the second quarter of 2026, consisting of severance and other one-time termination benefits in connection with these actions. Manhattan expects to substantially complete the plan by the end of the second quarter. Manhattan currently intends to exclude the charges associated with these actions from future presentations of its non-GAAP financial measures.

Item 7.01. Regulation FD Disclosure.

Manhattan reaffirms its forward-looking financial guidance for 2026 appearing under the heading “2026 Guidance” in the Company’s press release that was previously furnished as Exhibit 99.1 to the Company’s Current Report on Form 8-K, as filed with the Securities and Exchange Commission on April 21, 2026.

Following publication of this report, any expectations with respect to future financial performance contained in it should be considered historical only, and Manhattan disclaims any obligation to update them.

Pursuant to General Instruction B.2 of Form 8-K, this information under this Item 7.01 is “furnished” and not “filed” for purposes of Section 18 of the Securities Exchange Act of 1934.

* * * *

Forward-Looking Statements

This report contains “forward-looking statements” relating to Manhattan Associates, Inc. Forward-looking statements in this report include, without limitation, estimated expenses incurred in connection with Manhattan’s headcount reduction, the 2026 guidance information reaffirmed under Item 7.01 and statements identified by words such as “may,” “expect,” “forecast,” “anticipate,” “intend,” “plan,” “believe,” “could,” “seek,” “project,” “estimate,” and similar expressions. Shareholders and prospective investors are cautioned that any of those forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by those forward-looking statements. Among the important factors that could cause actual results to differ materially from those indicated by those forward-looking statements are: economic conditions, including as a result of global instability due to military conflict, including: the military conflict involving the United States, Israel, and Iran, as well as the ongoing war between Russia and Ukraine; disruption and transformation in the retail sector and our vertical markets; delays in product development; competitive and pricing pressures; software errors and information technology failures; disruption and security breaches; risks related to our products’ technology and customer implementations; risks associated with our use of generative and agentic artificial intelligence; and the other risk factors set forth in Item 1A of the Company’s Annual Report on Form 10-K for the year ended December 31, 2025, and in Item 1A of Part II in subsequent Quarterly Reports on Form 10-Q. Manhattan undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes in future operating results.

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 thereunto duly authorized.

			Manhattan Associates, Inc.
Date:	June 1, 2026	By:	/s/ Linda Pinne
			Linda Pinne Senior Vice President, Chief Financial Officer

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