Commvault Systems layoffs, on the record
Every job cut, severance charge and restructuring Commvault Systems reported in its annual reports, 2024 to 2026, quoted from the filings. Headcount went from 2,882 to approximately 3,300.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2024 | 2,882 | As of March 31, 2024 |
| 10-K for 2025 | approximately 3,300 | March 31, 2025 |
| 10-K for 2026 | approximately 3,300 | March 31, 2026 |
Job cuts, severance and restructuring
Our summaryCommvault initiated a restructuring plan in the fourth quarter of fiscal 2024 to reorganize and redesign its customer success functions, with charges mainly for severance tied to headcount reductions.
Word for word“Restructuring expenses were $4.5 million for the year ended March 31, 2024.” 10-K for 2024
Our summaryCommvault recorded employee severance and related costs in fiscal 2024 under its restructuring plans, including a $220 thousand lease exit cost for one office.
Word for word“Lease exit costs relate to one office for the year ended March 31, 2024.” 10-K for 2024
Our summaryCommvault completed a restructuring plan begun in the fourth quarter of fiscal 2022 aimed at its sales, marketing and distribution functions and cost reductions across all areas, which involved headcount reductions.
Word for word“Restructuring expenses were $15.5 million for the year ended March 31, 2023.” 10-K for 2024
Our summaryCommvault expects the fiscal 2024 customer success restructuring plan to be completed in the second half of fiscal 2025 and says total costs cannot yet be estimated.
Word for word“The total costs to be incurred related to the restructuring plan cannot be estimated at this time.” 10-K for 2024
Our summaryCompleted a restructuring plan to enhance customer satisfaction by reorganizing and redesigning its customer success functions; initiated in fiscal 2024 and completed in fiscal 2025.
Word for word“Restructuring expenses were $10.0 million and $4.5 million for the years ended March 31, 2025 and 2024, respectively.” 10-K for 2025
Our summarySeverance and related costs were incurred for headcount reductions under the customer success restructuring plan.
Word for word“These charges related primarily to severance and related costs associated with headcount reductions as well as costs related to office termination and exit charges.” 10-K for 2025
Our summaryRecorded lease exit costs for offices closed under the customer success restructuring plan.
Word for word“Lease exit costs related to two offices for the year ended March 31, 2025 and one office for the year ended March 31, 2024.” 10-K for 2025
Our summaryCompleted an earlier restructuring plan aimed at sales, marketing and distribution efficiency, which included severance for headcount reductions.
Word for word“In the fourth quarter of fiscal 2022, we initiated a restructuring plan which was completed in fiscal 2023.” 10-K for 2025
Our summaryCommvault started a restructuring plan (Plan B) in the third quarter of fiscal 2026 to cut costs and realign resources, including workforce reductions, office lease closures and exits from operations in certain jurisdictions.
Word for word“These restructuring activities encompass workforce reductions, office lease closures and exit of operations in certain jurisdictions and are estimated to cost up to $ 32,000 , of which, $ 30,204 has been incurred through March 31, 2026.” 10-K for 2026
Our summaryCommvault started a restructuring plan (Plan A) to optimize its Business Technology organization, realigning the workforce and modernizing its technology.
Word for word“We initiated a restructuring plan in the first quarter of fiscal 2026 ("Plan A") intended to optimize our Business Technology organization.” 10-K for 2026
Our summaryCommvault reported fiscal 2026 restructuring expenses from two plans, mostly severance and related costs from headcount reductions, with about $2.0 million more expected in fiscal 2027.
Word for word“Restructuring expenses were $32.2 million for the year end March 31, 2026.” 10-K for 2026
Our summaryCommvault reported restructuring expenses of $10.0 million in fiscal 2025 for a prior plan that was completed in that year.
Word for word“Restructuring expenses were $10.0 million for the year end March 31, 2025 and related to a prior restructuring plan that was completed in fiscal 2025.” 10-K for 2026
| Fiscal year ended | Severance costs | Restructuring charges | Restructuring costs incurred | Cash paid for restructuring |
|---|---|---|---|---|
| 2017-03-31 | — | — | $0 | — |
| 2018-03-31 | — | $0 | $0 | — |
| 2019-03-31 | $12.1 million | $14.8 million | $14.8 million | $12.6 million |
| 2020-03-31 | $16.8 million | $21.3 million | — | $15.4 million |
| 2021-03-31 | $19 million | $23.5 million | — | $18.5 million |
| 2022-03-31 | $4.5 million | $6.2 million | — | $5.3 million |
| 2023-03-31 | $12.8 million | $15.5 million | — | $11.9 million |
| 2024-03-31 | $2.8 million | $4.5 million | — | $3.3 million |
| 2025-03-31 | $4.5 million | $10 million | — | $6.4 million |
| 2026-03-31 | $25 million | $32.2 million | — | $21.1 million |
Commvault Systems 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 Commvault Systems’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 2026-05-11. 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.