Cimpress layoffs, on the record
Every job cut, severance charge and restructuring Cimpress reported in its annual reports, 2024 to 2026, quoted from the filings.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2024 | approximately 15,000 full-time and approximately 1,000 temporary | June 30, 2024 |
| 10-K for 2025 | more than 15,000 | — |
| 10-K for 2026 | more than 16,000 | — |
Job cuts, severance and restructuring
Our summaryCimpress carried out March 2023 restructuring and cost reduction actions that reduced headcount, which lowered cash compensation costs in fiscal 2024.
Word for word“These increases were partially offset by lower cash compensation costs of $6.9 million due to cost savings resulting from the March 2023 restructuring actions that reduced headcount.” 10-K for 2024
Our summaryCimpress reported lower restructuring costs in fiscal 2024 because cost reduction actions were completed in the prior year.
Word for word“Operating income also benefited from year-over-year operating expense efficiencies and lower restructuring costs of $43.3 million as a result of cost reduction actions that were completed during the prior year as well as lower amortization of acquired intangible assets of $15.4 million due to the runoff of fully amortized assets across several of our previously acquired businesses.” 10-K for 2024
Our summaryRestructuring expense was recorded at $5.5 million for the year ended June 30, 2025, up from $0.4 million the prior year, as part of the increased impairment and restructuring charges.
Word for word“The decrease to operating income of $21.1 million during the year ended June 30, 2025 was driven by the non-recurrence of approximately $12 million of items that benefited the prior year, as well as approximately $5 million of discrete items that negatively impacted the current year, which included an Australian land duty tax in the second quarter of the current fiscal year that we are appealing related to our 2019 redomiciliation to Ireland, as well as a combined increase in impairment and restructuring charges of $9.3 million and startup costs of $3.8 million for a new U.S. manufacturing facility that started production in March 2025.” 10-K for 2025
Our summaryRestructuring expense was recorded in fiscal 2023, including severance and restructuring charges, with a $43.8 million total for the year.
Word for word“Restructuring expense (1) $ 5,528 $ 423 $ 43,757 % of revenue 0.2 % 0.0 % 1.4 % Impairment of goodwill (2) $ — $ — $ 5,609 % of revenue — % — % 0.2 % (1) Refer to Note 17 in our accompanying consolidated financial statements for additional details relating to restructuring expense.” 10-K for 2025
Our summaryAccrued restructuring costs liability was reported on the balance sheet at year end.
Word for word“Restructuring costs 3,090 370 Other 58,069 46,300 Total accrued expenses $ 304,085 $ 245,931 Other current liabilities included the following: June 30, 2025 June 30, 2024 Short-term derivative liabilities (1) 20,969 4,833 Mandatorily redeemable noncontrolling interest (2) $ 10,673 $ — Current portion of finance lease obligations 9,121 8,323 Other 2,580 ( 20 ) Total other current liabilities $ 43,343 $ 13,136 Other liabilities included the following: June 30, 2025 June 30, 2024 Long-term derivative liabilities (1) 52,089 584 Long-term finance lease obligations $ 24,501 $ 28,037 Long-term compensation incentives 16,919 17,127 Mandatorily redeemable noncontrolling interest (2) — 9,608 Other 13,737 20,949 Total other liabilities $ 107,246 $ 76,305” 10-K for 2025
Our summaryThe company recorded restructuring expense for the fiscal year ended June 30, 2026, with the amount shown against prior years in the operating expense table.
Word for word“Restructuring expense (1) $ 6,261 $ 5,528 $ 423 % of revenue 0.2 % 0.2 % 0.0 % _______________ (1) Refer to Note 18 in our accompanying consolidated financial statements for additional details relating to restructuring expense.” 10-K for 2026
| Fiscal year ended | Restructuring charges | Cash paid for restructuring |
|---|---|---|
| 2016-06-30 | $381,000 | — |
| 2017-06-30 | $26.7 million | $15 million |
| 2018-06-30 | $15.2 million | $17.3 million |
| 2019-06-30 | $12.1 million | $6 million |
| 2020-06-30 | $13.5 million | $9.1 million |
| 2021-06-30 | $1.6 million | $6.6 million |
| 2022-06-30 | $13.6 million | — |
| 2023-06-30 | $43.8 million | $37.1 million |
| 2024-06-30 | $423,000 | $7.6 million |
| 2025-06-30 | $5.5 million | $2.8 million |
Cimpress filed 3 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 Cimpress’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 2026-08-07. 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.