Brookfield Business Holdings layoffs, on the record
Every job cut, severance charge and restructuring Brookfield Business Holdings reported in its annual reports, 2023 to 2025, quoted from the filings. Headcount went from approximately 25,000 to approximately 13,000.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 20-F for 2023 | approximately 25,000 | December 31, 2023 |
| 20-F for 2024 | approximately 26,000 | December 31, 2024 |
| 20-F for 2025 | approximately 13,000 | As at December 31, 2025 |
Job cuts, severance and restructuring
Our summaryThe company reported business separation expenses, stand-up costs and restructuring charges within other income (expense), net for 2023.
Word for word“For the year ended December 31, 2023, the components of other income (expense), net include $270 million of net gains on debt extinguishment and modifications, $71 million of business separation expenses, stand-up costs and restructuring charges, $9 million in transaction costs, and $64 million of other expense.” 20-F for 2023
Our summaryThe company reported business separation expenses, stand-up costs and restructuring charges within other income (expense), net for 2022.
Word for word“For the year ended December 31, 2022, the components of other income (expense), net include $94 million of business separation expenses, stand-up costs and restructuring charges, $27 million in transaction costs, partially offset by $5 million of net gains on the sale of property, plant and equipment, and $41 million of other income.” 20-F for 2023
Our summaryThe company reported business separation expenses, stand-up costs and restructuring charges within other income (expense), net for 2021.
Word for word“For the year ended December 31, 2021 , t he components of other income (expense), net include $11 million of business separation expenses, stand-up costs and restructuring charges, and $10 million of other income.” 20-F for 2023
Our summaryThe company recorded business separation expenses, stand-up costs and restructuring charges in other income (expense), net for 2025, alongside other items.
Word for word“For the year ended December 31, 2025, the components of other income (expense), net include $236 million of net gain recognized upon deconsolidation of our healthcare services operation, $20 million of business separation expenses, stand-up costs and restructuring charges, $14 million of expenses for employee incentive payments linked to the realization of value at the company’s operations, $5 million in transaction costs, and $7 million of other expenses.” 20-F for 2025
Brookfield Business Holdings 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 Brookfield Business Holdings’s annual reports (20-F for 2025, 20-F for 2024, 20-F for 2023) and the financial data it files with the SEC, as of 2026-03-31. 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.