Akamai Technologies layoffs, on the record
Every job cut, severance charge and restructuring Akamai Technologies reported in its annual reports, 2023 to 2025, quoted from the filings. Headcount went from over 10,250 to over 11,000.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2023 | over 10,250 | As of December 31, 2023 |
| 10-K for 2024 | over 10,700 | December 31, 2024 |
| 10-K for 2025 | over 11,000 | December 31, 2025 |
Job cuts, severance and restructuring
Our summaryIn the first quarter of 2023, management committed to restructuring certain parts of the company, including reducing headcount, to prioritize investments in the fastest growing areas of the business.
Word for word“During the first quarter of 2023, management committed to an action to restructure certain parts of the company, including reducing headcount, to enable it to prioritize investments in the fastest growing areas of the business.” 10-K for 2023
Our summaryThe 2023 restructuring charge was driven by the FlexBase program, which exited facilities no longer needed and led to impairments of right-of-use assets and leasehold improvements.
Word for word“The restructuring charge in 2023 was driven by our FlexBase program as we exited certain facilities that were no longer needed, resulting in impairments of right-of-use-assets and leasehold improvements.” 10-K for 2023
Our summaryThe restructuring charge for the first-quarter 2023 action includes severance and related expenses for certain headcount reductions.
Word for word“The restructuring charge for this action includes severance and related expenses for certain headcount reductions.” 10-K for 2023
Our summaryThe company has incurred FlexBase program expenses and expects additional related charges into early 2024.
Word for word“The Company has incurred expenses of $ 27.7 million, $ 3.6 million and $ 3.8 million during the years ended December 31, 2023, 2022 and 2021, respectively, related to this program.” 10-K for 2023
Our summaryIn 2022, the company recorded a restructuring impairment related to its GO-NET joint venture after MUFG suspended its operations.
Word for word“As a result of MUFG's suspension of GO-NET's operations, the Company recognized as a restructuring charge an impairment of $ 7.5 million during the year ended December 31, 2022, primarily related to certain capitalized internal-use software assets that will no longer be used in operations or will not generate sufficient future cash flows to support their values.” 10-K for 2023
Our summaryThe company wrote off internal-use software and facility-related property as a result of certain restructuring actions.
Word for word“In addition, the Company wrote off $ 13.8 million and $ 9.1 million during the years ended December 31, 2023 and 2022, respectively, related to internal-use software and facility-related property and equipment as a result of certain restructuring actions.” 10-K for 2023
Our summaryThe company reported a 2021 restructuring action started in late 2020 that included severance for headcount reductions, and a February 2021 reorganization.
Word for word“The restructuring charge in 2021 was primarily the result of management's actions initiated in the fourth quarter of 2020 to better position us to become more agile in delivering our solutions.” 10-K for 2023
Our summaryManagement committed to a Q3 2024 restructuring action to redeploy resources toward strategic investments, which required certain headcount reductions.
Word for word“During the third quarter of 2024, management committed to an action to restructure certain parts of the Company with the primary intent of redeploying resources to support the Company's strategic investments ("Q3 2024 Action").” 10-K for 2024
Our summaryManagement committed to a Q1 2023 restructuring action to prioritize investments in the fastest growing areas of the business, which required certain headcount reductions.
Word for word“During the first quarter of 2023, management committed to an action to restructure certain parts of the Company to enable it to prioritize investments in the fastest growing areas of the business ("Q1 2023 Action").” 10-K for 2024
Our summaryCompany recorded total restructuring charges covering severance for headcount reductions, asset impairments and related items.
Word for word“The restructuring charge included severance and related expenses for certain headcount reductions, as well as impairments of acquired intangible assets and capitalized internal-use software.” 10-K for 2024
Our summaryCompany recorded FlexBase program charges for exiting facilities no longer needed, with the FlexBase program described as a restructuring in the filing.
Word for word“The restructuring charge in 2023 was primarily driven by our FlexBase program as we exited certain facilities that were no longer needed, resulting in impairments of right-of-use-assets and leasehold improvements.” 10-K for 2024
Our summaryManagement committed to a restructuring action in the fourth quarter of 2025 to align investments and simplify the organizational structure, which required some headcount reductions.
Word for word“During the fourth quarter of 2025, manage ment committed to an action to restructure certain parts of the Company to align investments and simplify organizational structure to long-term growth priorities (“Q4 2025 Action”) .” 10-K for 2025
Our summaryThe 2025 restructuring charge was driven by the restructuring action and included severance for headcount reductions plus asset impairments.
Word for word“The charge included severance and related expenses for certain headcount reductions, as well as impairments of acquired intangible assets and capitalized internal-use software.” 10-K for 2025
| Fiscal year ended | Restructuring charges | Restructuring costs incurred | Cash paid for restructuring |
|---|---|---|---|
| 2016-12-31 | $10.3 million | $9.7 million | $4.5 million |
| 2017-12-31 | $54.9 million | $49.3 million | $9.1 million |
| 2018-12-31 | $27.6 million | $27.6 million | $24.9 million |
| 2019-12-31 | $17.2 million | $17.2 million | $18.4 million |
| 2020-12-31 | $28.5 million | $37.3 million | $11.7 million |
| 2021-12-31 | — | $10.7 million | — |
| 2022-12-31 | $13.5 million | $13.5 million | $1.2 million |
| 2023-12-31 | $56.6 million | $56.6 million | $20.7 million |
| 2024-12-31 | $95.4 million | $95.4 million | $10.8 million |
| 2025-12-31 | $58.1 million | $58.1 million | $27.5 million |
Akamai Technologies 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 Akamai Technologies’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 2026-02-20. 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.