Concentrix layoffs, on the record
Every job cut, severance charge and restructuring Concentrix reported in its annual reports, 2023 to 2025, quoted from the filings. Headcount went from approximately 440,000 to approximately 455,000.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2023 | approximately 440,000 | — |
| 10-K for 2024 | approximately 450,000 | — |
| 10-K for 2025 | approximately 455,000 | — |
Job cuts, severance and restructuring
Our summaryAcquisition-related and integration expenses, which include severance and retention payments, were recorded for the PK, ServiceSource and Webhelp acquisitions.
Word for word“In connection with the acquisitions of PK and ServiceSource and the Webhelp Combination, the Company incurred $ 71,336 , $ 33,763 , and $ 825 of acquisition-related and integration expenses for the fiscal years ended 2023, 2022 and 2021, respectively.” 10-K for 2023
Our summaryCompany reports acquisition-related and integration expenses for fiscal 2024, which primarily include severance and employee-related costs and facilities consolidation lease terminations tied to the Webhelp combination and the PK and ServiceSource acquisitions.
Word for word“In connection with the Webhelp Combination and the acquisitions of PK and ServiceSource, the Company incurred $ 156,771 , $ 71,336 , and $ 33,763 of acquisition-related and integration expenses for the fiscal years ended 2024, 2023 and 2022, respectively.” 10-K for 2024
Our summaryThe company recorded lower acquisition-related, integration and restructuring expenses in fiscal year 2025 than in fiscal year 2024, which reduced its selling, general and administrative expenses.
Word for word“Contributing to the decrease was a reduction in acquisition-related, integration and restructuring expenses of approximately $67.2 million, partially offset by underlying expenses associated with increased business.” 10-K for 2025
Our summaryThe company incurred restructuring costs, mainly severance and employee-related costs, facilities consolidation and IT system consolidation, tied to integrating Webhelp.
Word for word“These costs primarily include severance and employee-related costs, costs associated with facilities consolidation, including lease terminations to integrate the businesses, and information technology system consolidation costs.” 10-K for 2025
| Fiscal year ended | Cash paid for restructuring |
|---|---|
| 2020-11-30 | $10.8 million |
| 2021-11-30 | $5.2 million |
Concentrix 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 Concentrix’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 2026-01-28. 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.