BOX layoffs, on the record
Every job cut, severance charge and restructuring BOX reported in its annual reports, 2024 to 2026, quoted from the filings. Headcount went from 2,530 to 2,912.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2024 | 2,530 | January 31, 2024 |
| 10-K for 2025 | 2,810 | January 31, 2025 |
| 10-K for 2026 | 2,912 | January 31, 2026 |
Job cuts, severance and restructuring
Our summaryThe filing mentions a non-recurring workforce reorganization, consisting primarily of severance and other personnel-related costs, which Box excludes from its non-GAAP results; no amounts or dates for it are given in this excerpt.
Word for word“(3) expenses associated with a non-recurring workforce reorganization, consisting primarily of severance and other personnel-related costs, and (4) expenses related to acquisitions.” 10-K for 2024
Our summaryThe filing describes a non-recurring workforce reorganization, consisting mainly of severance and other personnel-related costs, which the company excludes from its non-GAAP results.
Word for word“We also exclude the following expenses as they are considered by management to be special items outside of our core operating results: (1) fees related to shareholder activism, (2) expenses related to certain litigation, (3) expenses associated with a non-recurring workforce reorganization, consisting primarily of severance and other personnel-related costs, and (4) expenses related to acquisitions.” 10-K for 2025
Our summaryBox carried out a workforce reorganization in fiscal year 2026 to align resources with strategic priorities, recording about $10.6 million in charges, mainly severance and related personnel costs.
Word for word“This resulted in charges of approximately $ 10.6 million for the year ended January 31, 2026 , primarily consisting of severance and termination benefits, continuation of employee health benefits, and other personnel related costs.” 10-K for 2026
| Fiscal year ended | Restructuring charges |
|---|---|
| 2026-01-31 | $10.6 million |
BOX 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 BOX’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 2026-03-09. 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.