Cincinnati Bell layoffs, on the record
Every job cut, severance charge and restructuring Cincinnati Bell reported in its annual reports, 2023 to 2025, quoted from the filings. Headcount went from approximately 2,200 to approximately 2,100.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2024 | approximately 2,200 | December 31, 2024 |
| 10-K for 2025 | approximately 2,100 | At December 31, 2025 |
Job cuts, severance and restructuring
Our summaryExecuted a fourth-quarter 2024 organizational restructuring to centralize management and reduce costs, which eliminated certain positions and ended employment for certain employees, and offered enhanced severance under a 2024 voluntary severance program.
Word for word“Severance charges of $ 54.2 million were recorded related to the 2024 VSP and $ 5.7 million were recorded related to an involuntary severance program in the twelve months ended December 31, 2024.” 10-K for 2024
Our summaryRecorded total restructuring and severance related charges for 2024 tied to the Organizational Restructuring and related severance programs.
Word for word“Restructuring and severance related charges of $59.3 million were recorded in 2024, an increase of $49.0 million compared to the prior year primarily due to a restructuring plan executed in the fourth quarter of 2024 consisting of an organizational restructuring to centralize the Company’s management, align resources with strategic product lines and reduce costs associated with certain functions (the “Organizational Restructuring”).” 10-K for 2024
Our summaryRan a 2023 severance program to reduce costs and integrate Greater Cincinnati and Hawaii operations, with voluntary and involuntary severance charges recorded in the fourth quarter of 2023.
Word for word“In the fourth quarter of 2023, severance charges of $ 7.3 million were recorded related to a 2023 voluntary severance program and severance charges of $ 3.5 million were recorded related to an involuntary severance program.” 10-K for 2024
Our summaryIn the fourth quarter of 2024 the company carried out an organizational restructuring that centralized management, aligned resources with product lines and cut costs, eliminating certain positions and terminating some employees.
Word for word“In the fourth quarter of 2024, the Company executed a restructuring plan consisting of an organizational restructuring to centralize the Company’s management, align resources with strategic product lines and reduce costs associated with certain functions (the “Organizational Restructuring”).” 10-K for 2025
Our summaryThe company recorded severance charges in 2025 for the continuing 2024 voluntary severance program and for an involuntary severance program.
Word for word“In 2025, severance charges of $ 4.5 million were recorded related to a continuation of the Company's ongoing 2024 VSP and $ 1.6 million were recorded related to an involuntary severance program.” 10-K for 2025
Our summaryAfter a strategic review of its Agile business, the company decided to keep operating it and cut headcount, which led to severance charges.
Word for word“As a result of the strategic review, management determined that it will continue to operate the business and conducted a headcount reduction contributing to severance charges recorded in the fourth quarter of 2025.” 10-K for 2025
Our summaryIn 2024 the company recorded severance charges for its voluntary severance program and an involuntary severance program.
Word for word“Severance charges of $ 54.2 million were recorded related to the 2024 VSP and $ 5.7 million were recorded related to an involuntary severance program in the year ended December 31, 2024.” 10-K for 2025
| Fiscal year ended | Restructuring charges |
|---|---|
| 2016-12-31 | $11.9 million |
| 2017-12-31 | $32.7 million |
| 2018-12-31 | $8.3 million |
| 2019-12-31 | $6.9 million |
| 2020-12-31 | $16.9 million |
| 2022-12-31 | $0 |
| 2023-12-31 | $10.8 million |
| 2024-12-31 | $60.5 million |
| 2025-12-31 | $6.1 million |
Cincinnati Bell 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 Cincinnati Bell’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 2026-03-19. 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.