Aecom layoffs, on the record
Every job cut, severance charge and restructuring Aecom reported in its annual reports, 2023 to 2025, quoted from the filings. Headcount went from approximately 52,000 to approximately 51,000.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2023 | approximately 52,000 | At the end of our fiscal 2023 |
| 10-K for 2024 | approximately 51,000 | end of our fiscal 2024 |
| 10-K for 2025 | approximately 51,000 | At the end of our fiscal 2025 |
Job cuts, severance and restructuring
Our summaryRestructuring costs were recorded for fiscal 2023, mainly tied to aligning the real estate portfolio with employee flexibility initiatives and preparing to exit certain Southeast Asia countries.
Word for word“During fiscal year ended September 30, 2023, we incurred total restructuring expenses of $188.4 million primarily related to actions taken to align our real estate portfolio with our employee flexibility initiatives and costs incurred in preparation for the exit of certain countries in Southeast Asia.” 10-K for 2023
Our summaryRestructuring costs were recorded for fiscal 2022, mainly tied to exiting Russia-related businesses and management actions for margin improvement.
Word for word“During fiscal year ended September 30, 2022, we incurred restructuring expenses of $107.5 million, primarily related to costs associated with exit of Russia-related businesses and management actions to deliver margin improvement and efficiencies that result in a more agile organization.” 10-K for 2023
Our summaryThe company expects restructuring costs in fiscal 2024, including office real estate optimization and exit of certain Southeast Asia countries.
Word for word“We expect to incur restructuring costs of approximately $50 million to $70 million in fiscal 2024, primarily related to ongoing actions that are expected to deliver continued margin improvement and efficiencies.” 10-K for 2023
Our summaryThe company expects to spend on restructuring actions in fiscal 2024.
Word for word“We expect to spend approximately $110 million in restructuring costs in fiscal 2024 associated with ongoing restructuring actions that are expected to deliver continued margin improvement and efficiencies.” 10-K for 2023
Our summaryRecorded total restructuring expenses primarily tied to aligning the real estate portfolio with employee flexibility initiatives, exiting certain Southeast Asian countries, driving support function efficiency, and reducing risk profile.
Word for word“During fiscal year ended September 30, 2024, we incurred total restructuring expenses of $98.9 million primarily related to costs incurred to continue to align our real estate portfolio with our employee flexibility initiatives, continue our exit of certain countries in Southeast Asia, drive support function efficiency, and reduce our risk profile.” 10-K for 2024
Our summaryExpects to spend on restructuring in fiscal 2025 for actions taken in prior periods expected to deliver continued margin improvement and efficiencies.
Word for word“We expect to spend approximately $45 million for restructuring in fiscal 2025 associated with restructuring actions taken in prior periods that are expected to deliver continued margin improvement and efficiencies.” 10-K for 2024
Our summaryAECOM recorded restructuring expenses in fiscal 2025, mainly for actions tied to acquisitions and to optimizing its organization structure.
Word for word“During the fiscal year ended September 30, 2025, we incurred total restructuring expenses of $59.4 million primarily related to actions taken for acquisitions and optimizing our organization structure.” 10-K for 2025
Aecom has filed no restructuring notice (Form 8-K, Item 2.05) since 2016. Companies file one only for a cut they judge material, so many announced layoffs never appear as one. This page shows what the company reported to the SEC, not news reports or state layoff notices.
Read from Aecom’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 2025-11-19. 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.