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Concentrix10-Q: Layoffs

Operating cash flow drops by $63.2M YoY, partially driven by severance payments.

What happened

A significant decrease in operating cash flow was attributed in part to increased severance payments, indicating recent or ongoing workforce reductions.

Source

SEC EDGARJul 2, 2026

Quarterly report (Form 10-Q)

Concentrix 10-Q

Filing excerpt

Net cash provided by operating activities was $174.7 million for the six months ended May 31, 2026, compared to $237.9 million for the six months ended May 31, 2025.

sec.gov/Archives/edgar/data/1803599/000180359926000136/cnxc-20260531.htmRead the full source

Other signals in this filing (6)

Extracted by Autobound

From the Signal API record
Signal
10-Q: Layoffs

What this signalsCuts often push teams toward cost and efficiency tools.

Fiscal year end
05/31
Filed
Jul 2, 2026

More 10-Q signals at other companies

The full record

From the Signal API record

Numbers

Dollar figure
$63.2M (Year-over-year decrease in net cash from operating activities for the six months ended May 31)

Details

CIK
1803599
Accession number
0001803599-26-000136
Timeframe
Current year
Filing year
2026
Fiscal year
0
Why it matters
Efficiency tools to do more with less
Signal category
Workforce

Extraction

Confidence
High
Relevance
85%
Sentiment
Negative
Detected
Jul 7, 2026
signal_type
sec-10q
signal_subtype
layoffs

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The API returns more than this page shows

This page shows a preview. The full sec-10q record in the Signal API and MCP can also have these 8 fields. Some fields are empty for some signals.

Company

  • linkedin_urlValue in the API
  • industriesValue in the API
  • employee_count_lowValue in the API
  • employee_count_highValue in the API
  • revenueValue in the API
  • descriptionValue in the API

Signal

  • signal_nameValue in the API
  • associationValue in the API
Show the full JSONThe record on this page and the API request

GET /v1/signals/9a5dcc71-91a2-4623-a42b-b6930edd6896 returns this record as JSON. POST /v1/companies/enrich returns every signal for concentrix.com.

{
  "signal_id": "9a5dcc71-91a2-4623-a42b-b6930edd6896",
  "signal_type": "sec-10q",
  "signal_subtype": "layoffs",
  "detected_at": "2026-07-07T07:05:55.257+00:00",
  "company": {
    "name": "Concentrix",
    "domain": "concentrix.com"
  },
  "data": {
    "detail": "A significant decrease in operating cash flow was attributed in part to increased severance payments, indicating recent or ongoing workforce reductions. This focus on cost-cutting creates opportunities for vendors with automation, efficiency, and cost-optimization solutions.",
    "metrics": {
      "timeframe": "current_year",
      "dollar_context": "Year-over-year decrease in net cash from operating activities for the six months ended May 31",
      "dollar_millions": 63.2
    },
    "summary": "Operating cash flow drops by $63.2M YoY, partially driven by severance payments.",
    "excerpts": "Net cash provided by operating activities was $174.7 million for the six months ended May 31, 2026, compared to $237.9 million for the six months ended May 31, 2025.",
    "relevance": 0.85,
    "sentiment": "negative",
    "confidence": "high",
    "source_url": "https://www.sec.gov/Archives/edgar/data/1803599/000180359926000136/cnxc-20260531.htm",
    "filing_date": "2026-07-02",
    "filing_year": 2026,
    "fiscal_year": 0,
    "fiscal_year_end": "05/31",
    "sales_relevance": "Efficiency tools to do more with less",
    "signal_category": "workforce"
  }
}

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