ADTRAN Holdings layoffs, on the record
Every job cut, severance charge and restructuring ADTRAN Holdings reported in its annual reports, 2023 to 2025, quoted from the filings. Headcount went from 3,227 to 3,338.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2023 | 3,227 | December 31, 2023 |
| 10-K for 2024 | 3,234 | As of December 31, 2024 |
| 10-K for 2025 | 3,338 | December 31, 2025 |
Job cuts, severance and restructuring
Our summaryManagement decided to implement a Business Efficiency Program including salary reductions, an early retirement program, reductions in workforce, site consolidation and product inventory write downs, and suspended the quarterly dividend.
Word for word“On November 6, 2023, due to the uncertainty around the current macroeconomic environment and its impact on customer spending levels, the Company's management decided to implement a business efficiency program (the "Business Efficiency Program") targeting the reduction of ongoing operating expenses and focusing on capital efficiency inclusive of certain salary reductions, an early retirement program, a site consolidation plan to include lease impairments and the partial sale of owned real estate (including the potential sale of portions of our headquarters), inventory write downs from product discontinuances, and the suspension of the quarterly dividend.” 10-K for 2023
Our summaryCompany expects Business Efficiency Program costs, including severance for an early retirement program and workforce reductions, in first quarter 2024 and thereafter.
Word for word“We expect costs in the first quarter 2024 and thereafter relating to the Business Efficiency Program to range between $22.2 million and $35.2 million.” 10-K for 2023
Our summaryCompany discontinued its copper-based DSL and fixed wireless access products in its Network Solutions segment, a restructuring step that expanded the Business Efficiency Program.
Word for word“For instance, on August 17, 2023, the Company's management determined to discontinue its copper-based Digital Subscriber Line broadband access technology products and its fixed wireless access products in its Network Solutions segment.” 10-K for 2023
Our summaryCompany recognized restructuring costs under its multi-year integration program tied to the Business Combination, and wrote down inventory from product line discontinuation.
Word for word“During the years ended December 31, 2023 and 2022, we recognized $21.5 million and $1.6 million of restructuring costs relating to the Business Combination under the multi-year integration program, respectively, that are included in cost of revenue, selling, general and administrative expenses and research and development expenses in the Condensed Consolidated Statement of Loss.” 10-K for 2023
Our summaryCompany recorded 2019 restructuring of part of its German workforce, including closure of the Munich office, with relocation or severance benefits, and early retirement offers; the plan was completed in 2021.
Word for word“In February 2019, the Company announced the restructuring of a certain portion of its workforce predominantly in Germany, which included the closure of the Company's office location in Munich, Germany accompanied by relocation or severance benefits for the affected employees.” 10-K for 2023
Our summaryCompany launched a Business Efficiency Program to cut operating expenses, including salary reductions, an early retirement program, site consolidation, and sale of owned real estate.
Word for word“On November 6, 2023, due to the uncertainty around the current macroeconomic environment and its impact on customer spending levels, the Company’s management decided to implement a business efficiency program (“Business Efficiency Program”) targeting the reduction of ongoing operating expenses and focusing on capital efficiency inclusive of certain salary reductions, an early retirement program, a site consolidation plan to include lease impairments and the sale of owned real estate (including the probable sale of our headquarters), inventory write downs from product discontinuances, and the suspension of the quarterly dividend.” 10-K for 2024
Our summaryCompany recognized costs under the Business Efficiency Program, with future cash payments for severance, outplacement and site consolidation expected.
Word for word“During the years ended December 31, 2024 and 2023, we recognized $44.7 million and $25.1 million of costs relating to the Business Efficiency Program, respectively.” 10-K for 2024
Our summaryCompany recorded restructuring expenses tied to the Business Combination under its multi-year integration program and synergy realization.
Word for word“For the years ended December 31, 2023 and 2022, we recognized $ 21.5 million and $ 1.6 million of restructuring costs relating to the Business Combination under the multi-year integration program and synergy realization, respectively, that are included in cost of revenue, selling, general and administrative expenses and research and development expenses in the Consolidated Statement of Loss.” 10-K for 2024
Our summaryCompany discontinued certain product lines and recorded inventory write-downs tied to the Business Efficiency Program.
Word for word“During the twelve months ended December 31, 2024 , the Company recorded an inventory write-down of $ 8.6 million, as a result of a strategy shift which included discontinuance of certain product lines in connection with the Business Efficiency Program of which $ 4.1 million relates to inventory write-downs and $ 4.5 million relates to other charges all of which are included in cost of revenue in the Consolidated Statements of Loss.” 10-K for 2024
Our summaryIn November 2023 management decided to implement a Business Efficiency Program to cut ongoing operating expenses and focus on capital efficiency, including salary reductions, an early retirement program, site consolidation, inventory write-downs and suspension of the dividend.
Word for word“On November 6, 2023, due to the uncertainty around the then-current macroeconomic environment and its impact on customer spending levels, the Company’s management decided to implement a Business Efficiency Program targeting the reduction of ongoing operating expenses and focusing on capital efficiency.” 10-K for 2025
Our summaryThe company recognized costs for the Business Efficiency Program in 2024 and 2023.
Word for word“During the years ended December 31, 2024 and 2023, we recognized $ 44.7 million and $ 25.1 million, respectively, of costs related to the Business Efficiency Program.” 10-K for 2025
| Fiscal year ended | Restructuring charges | Cash paid for restructuring |
|---|---|---|
| 2017-12-31 | $274,000 | — |
| 2018-12-31 | $7.3 million | $7.3 million |
| 2019-12-31 | $6 million | $4.6 million |
| 2020-12-31 | $6.2 million | $3.6 million |
| 2021-12-31 | $411,000 | $3.1 million |
| 2022-12-31 | $1.6 million | $3 million |
| 2023-12-31 | $22.2 million | $14.1 million |
| 2024-12-31 | $40.5 million | $38.5 million |
| 2025-12-31 | −$284,000 | $10.1 million |
ADTRAN Holdings filed 1 restructuring notice (Form 8-K, Item 2.05) since 2016. This page shows what the company reported to the SEC, not news reports or state layoff notices.
Read from ADTRAN Holdings’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-26. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.