Allegro Microsystems layoffs, on the record
Every job cut, severance charge and restructuring Allegro Microsystems reported in its annual reports, 2024 to 2026, quoted from the filings. Headcount went from 4,593 to approximately 4,250.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2024 | 4,593 | March 29, 2024 |
| 10-K for 2025 | approximately 4,060 | March 28, 2025 |
| 10-K for 2026 | approximately 4,250 | March 27, 2026 |
Job cuts, severance and restructuring
Our summarySeverance was paid due to changes in company leadership, along with accelerated stock compensation for the retirement of the former CEO, and this was included in fiscal 2023 SG&A costs.
Word for word“This decrease was primarily due to the inclusion in the fiscal year ended March 31, 2023, of accelerated stock-based compensation expense related to the retirement of our former chief executive officer and severance due to changes in our leadership.” 10-K for 2024
Our summaryEntity restructuring after the Crocus acquisition integrated Crocus's assets and workforce into the company's existing affiliates.
Word for word“Entity restructuring relates to post-acquisition integrations to align business operations and integrate Crocus’s assets and workforce into the Company’s existing affiliates.” 10-K for 2024
Our summaryAllegro reported that it has initiated and implemented cost reduction strategies, including workforce reductions and office closures, over the past two years.
Word for word“We have initiated and implemented strategies to reduce costs, including workforce reductions and office closures, in the past two years, and incurred related restructuring costs in anticipation of realizing cost savings in the future.” 10-K for 2025
Our summaryAllegro said the January 2025 restructuring is expected to be substantially completed during fiscal year 2026.
Word for word“The restructuring is expected to be substantially completed during fiscal year 2026.” 10-K for 2025
Our summaryThe company enacted a global restructuring plan in January 2025 to move to high-growth, lower cost regions and consolidate leased facilities.
Word for word“In January 2025, we enacted a global restructuring plan that included a repositioning to high-growth and lower cost regions and consolidation of leased facilities in an effort to optimize our cost structure.” 10-K for 2026
Our summaryThe company undertook more facility consolidation and workforce rebalancing in June 2025 as part of the restructuring plan.
Word for word“In June 2025, we undertook additional facility consolidation and further workforce rebalancing as part of this plan.” 10-K for 2026
Our summaryThe company recorded total charges for the January 2025 Restructuring in fiscal 2026 and fiscal 2025.
Word for word“In connection with the plan, the Company incurred $ 3,085 and $ 5,760 of total charges for the fiscal years ended March 27, 2026 and March 28, 2025, respectively.” 10-K for 2026
Our summaryThe company recorded severance and other employee-related charges for the January 2025 Restructuring.
Word for word“The Company incurred $ 1,562 and $ 5,121 related to employee severance and other employee-related benefit charges for the fiscal years ended March 27, 2026 and March 28, 2025, respectively.” 10-K for 2026
Our summaryThe company recorded charges for the June 2025 Restructuring, including severance and real estate actions.
Word for word“In connection with the plan, the Company incurred $ 10,274 of total charges for the fiscal years ended March 27, 2026 of which $ 4,826 related to employee severance and other employee-related benefit charges, and $ 5,027 related to real estate actions.” 10-K for 2026
| Fiscal year ended | Restructuring charges | Cash paid for restructuring |
|---|---|---|
| 2025-03-28 | $5.1 million | $3.9 million |
Allegro Microsystems 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 Allegro Microsystems’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 2026-05-21. 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.