Affirm Holdings layoffs, on the record
Every job cut, severance charge and restructuring Affirm Holdings reported in its annual reports, 2024 to 2026, quoted from the filings. Headcount went from 2,006 to 2,358.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2024 | 2,006 | June 30, 2024 |
| 10-K for 2025 | 2,206 | As of June 30, 2025 |
| 10-K for 2026 | 2,358 | June 30, 2026 |
Job cuts, severance and restructuring
Our summaryCompany took cost-saving measures including a reduction of its workforce in response to macroeconomic conditions and business prioritization.
Word for word“For example, to manage operating expenses in response to current macroeconomic conditions and ongoing business prioritization efforts, we took certain cost-saving measures, including a reduction of our workforce, in February 2023.” 10-K for 2024
Our summaryCompany recorded restructuring and other expenses that included employee severance and related costs from exit and disposal activities during the year ended June 30, 2024.
Word for word“The restructuring and other expenses during the year ended June 30, 2024 included employee severance and related costs as a result of certain exit and disposal activities.” 10-K for 2024
Our summaryCompany recorded restructuring and other expenses primarily related to the restructuring plan committed to in February 2023, which the filing says is complete.
Word for word“The restructuring and other expenses during the year ended June 30, 2023 primarily related to the restructuring plan we committed to in February 2023, which is complete.” 10-K for 2024
Our summaryCompany reported a reduction in force that lowered personnel-related costs in general and administrative expense compared with the prior year.
Word for word“The decrease was primarily due to a $28.5 million, or 6%, decrease in payroll 71 Table of Contents and personnel-related costs compared to the same period in 2023, as a result of our reduction in force and cost management plans.” 10-K for 2024
Our summaryCompany reported a reduction in force that lowered payroll and personnel-related costs in sales and marketing expense.
Word for word“The decrease was primarily driven by a decrease of $26.0 million, or 37%, in payroll and personnel-related costs during the year ended June 30, 2024 compared to the same period in 2023, as a result of our reduction in force and cost management plans.” 10-K for 2024
Our summaryCompany reported a reduction in force that contributed to lower stock-based compensation and personnel costs in technology and data analytics expense.
Word for word“The decrease is primarily driven by a decrease of $138.1 million, or 39%, in stock-based compensation and payroll and personnel-related costs for the year ended June 30, 2024, compared to the same period in 2023, due to higher capitalized compensation costs related to internally-developed software and a reduction in force.” 10-K for 2024
| Fiscal year ended | Restructuring charges |
|---|---|
| 2021-06-30 | $0 |
| 2022-06-30 | $0 |
| 2023-06-30 | $35.9 million |
| 2024-06-30 | $6.8 million |
Affirm 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 Affirm Holdings’s annual reports (10-K for 2026, 10-K for 2025, 10-K for 2024) and the financial data it files with the SEC, as of 2026-08-27. 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.