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 OCTOBER 10, 2002 Date of Report (Date of earliest event reported) EVOLVE SOFTWARE, INC. (Exact name of registrant as specified in its charter) DELAWARE (State or other jurisdiction of incorporation) 000-31155 94-3219745 (Commission File No.) (IRS Employer Identification Number) 150 SPEAR STREET, 11TH FLOOR SAN FRANCISCO, CALIFORNIA 94105 (Address of Principal Executive Offices) 415-229-3700 (Registrant's Telephone Number, Including Area Code) ITEM 5. OTHER EVENTS ------- ------------ On October 10, 2002, Evolve Software, Inc., a Delaware corporation announced a reduction in its staff by 40 employees, effective immediately, and an expected total charge of approximately $325,000 associated with the realignment in the quarter ended December 31, 2002. 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. Date: October 14, 2002 EVOLVE SOFTWARE, INC. By: -------------------------------- Name: Arthur T. Taylor Title: Chief Financial Officer and Vice President