On June 1, 2026, Manhattan Associates (Nasdaq: MANH) disclosed in an SEC 8-K, under Item 2.05, a plan to reduce its global headcount by approximately 6 percent, about 260 jobs. The filing said the reduction lets the company leverage "increased operational efficiencies" and focus investments on "key strategic priorities." Manhattan expects to record $7 million to $9 million in severance and one-time termination charges in the second quarter of 2026, substantially all in cash, and to substantially complete the plan by the end of that quarter.
Manhattan Associates is an Atlanta-based supply-chain commerce software company, best known for its warehouse management software (WMS) used by major retailers, brands, and third-party logistics providers. It also makes order management and transportation management software, now delivered through its Manhattan Active cloud platform. The company employs about 4,370 people worldwide, more than half outside the United States, and generates over $1 billion in annual revenue.
Manhattan reaffirmed its full-year 2026 guidance the same day it announced the cuts, signaling the reduction is a margin and cost decision rather than a response to falling demand. The company has been one of the more consistent performers in enterprise software, so a 6 percent global trim stands out.
Manhattan's risk factors list "generative and agentic artificial intelligence" among the forces that could affect its business. The 8-K does not state that AI caused these job cuts. The stated reason is operational efficiencies and a focus on strategic priorities.