Bausch & Lomb layoffs, on the record
Every job cut, severance charge and restructuring Bausch & Lomb reported in its annual reports, 2023 to 2025, quoted from the filings. Headcount went from approximately 13,300 to approximately 13,000.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2023 | approximately 13,300 | As of December 31, 2023 |
| 10-K for 2024 | approximately 13,500 | As of December 31, 2024 |
| 10-K for 2025 | approximately 13,000 | December 31, 2025 |
Job cuts, severance and restructuring
Our summaryThe company recorded restructuring, integration and separation costs within other expense, net, which it says include expenses for reducing headcount and primarily consist of employee severance costs.
Word for word“Restructuring and integration costs for the years 2023, 2022 and 2021 were $ 43 million, $ 5 million and, $ 2 million, respectively, and primarily consist of employee severance costs.” 10-K for 2023
Our summaryThe company stated that cost savings programs may include reducing headcount, and that it may take additional restructuring actions in the future, though no specific plan existed at the time.
Word for word“Although a specific plan does not exist at this time, the Company may identify and take additional exit and cost-rationalization restructuring actions in the future, the costs of which could be material.” 10-K for 2023
Our summaryThe company recorded restructuring, integration and separation costs in other expense, net, which the filing says primarily consist of employee severance costs under an ongoing benefit arrangement.
Word for word“Restructuring and integration costs for the years 2024, 2023 and 2022 were $ 24 million, $ 43 million and, $ 5 million, respectively, and primarily consist of employee severance costs.” 10-K for 2024
Our summaryThe company recorded restructuring, integration and separation costs for 2025, 2024 and 2023, mostly employee severance costs under an ongoing benefit arrangement.
Word for word“Restructuring, integration and separation costs for the years 2025, 2024 and 2023 were $ 58 million, $ 26 million and $ 44 million, respectively, and primarily consist of employee severance costs.” 10-K for 2025
Our summaryThe company said it has no specific plan now but may take more exit and cost-rationalization restructuring actions in the future, which could be costly.
Word for word“Although a specific plan does not exist at this time, we may identify and take additional exit and cost-rationalization restructuring actions in the future, the costs of which could be material.” 10-K for 2025
| Fiscal year ended | Severance costs | Restructuring charges |
|---|---|---|
| 2020-12-31 | — | $2 million |
| 2021-12-31 | $2 million | $2 million |
| 2022-12-31 | $5 million | $14 million |
| 2023-12-31 | $44 million | $44 million |
| 2024-12-31 | $26 million | $26 million |
| 2025-12-31 | $58 million | $58 million |
Bausch & Lomb 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 Bausch & Lomb’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 2026-02-18. 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.