BILL Holdings layoffs, on the record
Every job cut, severance charge and restructuring BILL Holdings reported in its annual reports, 2024 to 2026, quoted from the filings. Headcount went from 2,187 to 1,683.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2024 | 2,187 | As of June 30, 2024 |
| 10-K for 2025 | 2,364 | As of June 30, 2025 |
| 10-K for 2026 | 1,683 | June 30, 2026 |
Job cuts, severance and restructuring
Our summaryAnnounced a reduction in force affecting about 15% of global workforce and closed the Sydney, Australia office.
Word for word“During the second quarter of fiscal 2024, we announced a reduction in force (RIF) impacting approximately 15% of our global workforce and the closure of our Sydney, Australia office.” 10-K for 2024
Our summaryRestructuring Plan announced in December 2023 covering the RIF and Sydney office closure; restructuring expense of $27.6 million recorded in fiscal 2024 as a result.
Word for word“Restructuring expense increased by $27.6 million during fiscal 2024 as compared to fiscal 2023 as a result of the Restructuring Plan announced on December 5, 2023.” 10-K for 2024
Our summaryRestructuring Awards: stock-based compensation from modified equity awards tied to the Restructuring Plan.
Word for word“Restructuring Awards 3,574 — — — % — % — %” 10-K for 2024
Our summaryThe company announced a restructuring plan that included a reduction of its global workforce and the closure of its Sydney, Australia office (reduction in force).
Word for word“On December 5, 2023, the Company announced a restructuring plan (Restructuring Pl an) intended to right-size the Company's organization, enhance profitability, and reallocate resources towards the most impactful initiatives.” 10-K for 2025
Our summaryThe restructuring plan was substantially completed, with no restructuring expenses recorded in fiscal 2025.
Word for word“There were no restructuring expenses recorded during the year ended June 30, 2025.” 10-K for 2025
Our summaryThe company announced a reduction in force affecting about 6% of employees.
Word for word“On October 15, 2025, in furtherance of this commitment, we announced a reduction-in-force (RIF) impacting approximately 6% of employees.” 10-K for 2026
Our summaryThe company announced another, larger reduction in force affecting about 30% of its workforce.
Word for word“In May 2026, we announced another RIF impacting approximately 30% of our workforce.” 10-K for 2026
Our summaryThe company reported restructuring charges for fiscal 2026 caused by its reductions in force, compared with none in fiscal 2025.
Word for word“Restructuring charges increased by $90.9 million during fiscal 2026, from none in fiscal 2025, due to the RIFs undertaken during the current fiscal year.” 10-K for 2026
| Fiscal year ended | Restructuring charges | Cash paid for restructuring |
|---|---|---|
| 2024-06-30 | $24 million | $23.7 million |
| 2025-06-30 | $7,000 | $224,000 |
BILL Holdings filed 2 restructuring notices (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 BILL Holdings’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 2026-08-20. 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.