Bloom Energy layoffs, on the record
Every job cut, severance charge and restructuring Bloom Energy reported in its annual reports, 2023 to 2025, quoted from the filings.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2023 | 2,377 full-time employees | December 31, 2023 |
| 10-K for 2024 | 2,127 full-time employees | As of December 31, 2024 |
| 10-K for 2025 | 2,214 | December 31, 2025 |
Job cuts, severance and restructuring
Our summaryInitiated restructuring actions under a Restructuring Plan that included workforce optimization across multiple functions, relocation of part of the R&O department to Mexico, and closure of the Sunnyvale facility; the company also reports a 6% workforce decrease in 2023 mainly from these actions.
Word for word“According to the Restructuring Plan, 74 full-time employees and 48 contractors separated from the Company in September 2023.” 10-K for 2023
Our summaryFurther separations under the Restructuring Plan occurred in October 2023.
Word for word“An additional 71 full-time employees and 8 contractors separated from the Company in October 2023.” 10-K for 2023
Our summaryWorkforce decreased by 6% in 2023 compared to fiscal 2022, predominantly because of the restructuring actions initiated in September 2023.
Word for word“During 2023, our workforce decreased by 6% as compared to fiscal 2022, predominantly because of the restructuring actions we initiated in September 2023 with one of the goals being an optimization of our workforce across multiple functions.” 10-K for 2023
Our summaryClosure of the 50,000 square-foot Sunnyvale, California manufacturing, warehousing and R&D facility under the Restructuring Plan, with its lease expiring in December 2023 and the company vacating the site.
Word for word“In September 2023, as part of the approved restructuring plan (the “Restructuring Plan”), we initiated a closure of our 50,000 square-foot manufacturing, warehousing, research and development (“R&D”) facility in Sunnyvale, California, which lease expired in December 2023.” 10-K for 2023
Our summaryApproved relocation of a portion of the R&O department of the Newark, Delaware manufacturing facility to Mexico under the Restructuring Plan, expected to complete in the fourth quarter of fiscal 2024.
Word for word“In September 2023, according to the Restructuring Plan, we approved the relocation of a portion of our R&O department of our Newark manufacturing and warehousing facility to Mexico.” 10-K for 2023
Our summaryEmployees sent on paid leave under restructuring left the company in January 2024.
Word for word“These employees were sent on paid leave and left the Company in January 2024.” 10-K for 2023
Our summarySeparation of full-time employees holding equity awards as a result of the restructuring reduced stock-based compensation expense.
Word for word“The decrease was primarily driven by (1) a decrease in compensation expense for stock awards of $18.2 million, (2) a decrease in option expense of $6.7 million compared to the year ended December 31, 2023, as existing options were either exercised, expired, or cancelled, (3) the separation of full-time employees holding equity awards as a result of the restructuring, (4) the voluntary resignation of our Executive Vice President and Chief Business Development and Marketing Officer on September 1, 2023, and (5)” 10-K for 2023
Our summaryClosed a 50,000 square-foot Sunnyvale manufacturing, warehousing and R&D facility under the Restructuring Plan and consolidated it into the Fremont facility, with an optimization of the manufacturing workforce.
Word for word“In September 2023, as part of the approved restructuring plan (the “Restructuring Plan”), we initiated a closure of a 50,000 square-foot manufacturing, warehousing, research and development (“R&D”) facility in Sunnyvale, California, which lease expired in December 2023.” 10-K for 2024
Our summaryReduced headcount through voluntary and involuntary attrition not being replaced, mainly from the tail end of the restructuring actions begun in September 2023.
Word for word“During 2024, our workforce decreased by 11% through voluntary and involuntary attrition not being replaced as compared to fiscal year 2023, predominantly because of the tail-end of the restructuring actions we initiated in September 2023 with one of the goals being an optimization of our workforce across multiple functions.” 10-K for 2024
Our summaryReduced headcount in manufacturing as part of the Restructuring Plan adopted in September 2023.
Word for word“While these constraints have since abated, and we reduced headcount as part of the Restructuring Plan adopted in September 2023, we may still experience difficulties with hiring and retention and may face additional labor shortages in the future.” 10-K for 2024
Our summaryReduced labor and overhead costs through restructuring programs executed in fiscal year 2023, which lowered 2024 product costs.
Word for word“The increase was partially offset by (1) (i) lower volume resulting from our PPA portfolios, which decreased cost of product revenue recognized in fiscal year 2024 by $75.4 million, as compared to the prior year period, and (ii) the effect of a large transaction in the first and the second quarters of fiscal year 2023 that did not repeat in fiscal year 2024, (2) our ongoing efforts to reduce material costs, (3) reduced labor and overhead costs through restructuring programs executed in fiscal year 2023, and (4) improved processes and automation at our manufacturing facilities.” 10-K for 2024
Our summaryLower employee compensation and benefits in sales and marketing and R&D, attributed to restructuring efforts in the second half of fiscal year 2023.
Word for word“The decrease was primarily driven by (1) a decrease in employee compensation and benefits of $13.2 million, predominantly as a consequence of the restructuring efforts in the second half of fiscal year 2023, as well as the voluntary resignation of our Executive Vice President and Chief Business Development and Marketing Officer on September 1, 2023, and (2) a decrease in consulting,” 10-K for 2024
| Fiscal year ended | Severance costs | Restructuring charges | Restructuring costs incurred | Cash paid for restructuring |
|---|---|---|---|---|
| 2023-12-31 | $5.3 million | $9.3 million | $9.2 million | $5.4 million |
| 2024-12-31 | — | $0 | — | $3.5 million |
Bloom Energy 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 Bloom Energy’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 2026-02-09. 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.