Allegion layoffs, on the record
Every job cut, severance charge and restructuring Allegion reported in its annual reports, 2023 to 2025, quoted from the filings. Headcount went from approximately 12,400 to approximately 13,300.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2023 | approximately 12,400 | December 31, 2023 |
| 10-K for 2024 | approximately 14,400 | As of December 31, 2024 |
| 10-K for 2025 | approximately 13,300 | As of December 31, 2025 |
Job cuts, severance and restructuring
Our summaryCompany recorded restructuring expenses tied to workforce reductions intended to optimize and simplify operations and cost structure.
Word for word“During the years ended December 31, 2023, 2022 and 2021, the Company recorded $ 12.5 million , $ 3.3 million and $ 4.3 million , respectively, of expenses associated with restructuring activities.” 10-K for 2023
Our summaryCompany said restructuring activities in each period related to workforce reductions intended to optimize and simplify operations and cost structure.
Word for word“Restructuring activities in each period were related to workforce reductions intended to optimize and simplify operations and cost structure.” 10-K for 2023
Our summaryRestructuring reserve rose from additions and was partly paid out in cash, ending the year at a balance for remaining costs.
Word for word“The changes in the restructuring reserve during the years ended December 31, 2023 and 2022, were as follows: In millions Total December 31, 2021 $ 0.4 Additions, net of reversals 3.3 Cash payments ( 3.4 ) Currency translation ( 0.1 ) December 31, 2022 0.2 Additions, net of reversals 12.5 Cash payments ( 10.9 ) Currency translation 0.1 December 31, 2023 $ 1.9 The majority of the costs accrued as of December 31, 2023, are expected to be paid within one year.” 10-K for 2023
Our summaryAllegion recorded restructuring expenses in 2024 tied to workforce reductions meant to optimize and simplify operations and cost structure.
Word for word“During the years ended December 31, 2024, 2023 and 2022, the Company recorded $ 8.1 million , $ 12.5 million and $ 3.3 million , respectively, of expenses associated with restructuring activities.” 10-K for 2024
Our summaryAllegion's restructuring reserve was $4.2 million at December 31, 2024, after 2024 additions and cash payments.
Word for word“December 31, 2024 $ 4.2 The majority of the costs accrued as of December 31, 2024, are expected to be paid within one year.” 10-K for 2024
| Fiscal year ended | Restructuring costs incurred | Cash paid for restructuring |
|---|---|---|
| 2016-12-31 | $3.1 million | — |
| 2017-12-31 | $12.3 million | — |
| 2018-12-31 | $4.9 million | — |
| 2019-12-31 | $16.5 million | $17.3 million |
| 2020-12-31 | $25 million | $21.3 million |
| 2021-12-31 | $3.8 million | $8.6 million |
| 2022-12-31 | $3.3 million | $3.4 million |
| 2023-12-31 | $12.5 million | $10.9 million |
| 2024-12-31 | $8.1 million | $5.7 million |
Allegion 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 Allegion’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 2026-02-17. 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.