Axcelis Technologies layoffs, on the record
Every job cut, severance charge and restructuring Axcelis Technologies reported in its annual reports, 2023 to 2025, quoted from the filings.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2023 | 1,620 employees and 84 agency temporary staff | December 31, 2023 |
| 10-K for 2024 | 1,524 employees and 39 agency temporary staff | December 31, 2024 |
| 10-K for 2025 | 1,465 employees | As of December 31, 2025 |
Job cuts, severance and restructuring
Our summaryResearch and development expense rose in 2025, partly because of early retirement programs and severance costs from global cost-saving initiatives.
Word for word“The increase was primarily due to higher variable compensation, stock compensation and expense related to early retirement programs and severance costs associated with global cost-saving initiatives.” 10-K for 2025
| Fiscal year ended | Restructuring charges |
|---|---|
| 2016-12-31 | $282,000 |
Axcelis 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 Axcelis 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 2026-02-26. 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.