Criteo layoffs, on the record
Every job cut, severance charge and restructuring Criteo reported in its annual reports, 2023 to 2025, quoted from the filings. Headcount went from 3,563 to 3,649.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2023 | 3,563 | December 31, 2023 |
| 10-K for 2024 | 3,507 | December 31, 2024 |
| 10-K for 2025 | 3,649 | December 31, 2025 |
Job cuts, severance and restructuring
Our summaryCompany recorded restructuring costs under its ongoing transformation, with a restructuring liability remaining at year end.
Word for word“As part of our ongoing transformation, the Company incurred restructuring costs of $ 23.0 million for the year ended December 31,2023.” 10-K for 2023
Our summaryRestructuring charges for salaries and other benefits were split across Research and Development, General and Administrative, and Sales and Operations expenses.
Word for word“For the year ended December 31,2023 $ 3.5 million, was included in Research and Development expenses, $ 5.6 million, was included in General and Administrative expenses $ 13.9 million was included in Sales and Operations expenses.” 10-K for 2023
Our summaryCompany reported a restructuring, integration and transformation cost line in its Adjusted EBITDA reconciliation.
Word for word“Restructuring, integration and transformation costs $ 44,727 $ 10,677 21,698 319% (51)% Total net adjustments $ 247,154 $ 256,424 $ 184,848 (4)% 39% Adjusted EBITDA $ 301,798 $ 267,299 $ 322,495 13% (17)% The following table presents our Adjusted EBITDA on a comparative basis: Year Ended December 31, % change 2023 2022 2021 2023 vs 2022 2022 vs 2021 (in thousands, except percent information) Net Income $ 54,644 $ 10,875 $ 137,647 402% (92)% Adjusted EBITDA $ 301,798 $ 267,299 $ 322,495 13% (17)% Net income increased $43.8 million, or 402% for the twelve months ended December 31, 2023 compared to the twelve months ended December 31, 2022, and Adjusted EBITDA increased $34.5 million, or 13% for the twelve months ended December 31, 2023 compared to the twelve months ended December 31, 2022.” 10-K for 2023
Our summaryCompany said it efforts to sublease, early terminate or abandon several office buildings under operating leases as part of restructuring, without a material change to lease obligations.
Word for word“Our restructuring efforts to sublease, early terminate or abandon several office buildings under operating leases did not materially change our operating lease obligations.” 10-K for 2023
Our summaryCompany noted that cost reduction actions contributed to higher Adjusted EBITDA and net income in 2023.
Word for word“The increase in Net Income and Adjusted EBITDA was primarily due to higher Contribution ex-TAC, cost reduction actions and less income taxes, and by higher Contribution ex-TAC and cost reductions actions, respectively.” 10-K for 2023
Our summaryImplemented planned layoffs to reduce company size by approximately 100 employees under the 2024 Restructuring Plan, with impacted employees notified April to July 2024.
Word for word“In April 2024, we implemented several measures to pursue greater efficiency, including planned layoffs to further reduce our company size by approximately 100 employees ("2024 Restructuring Plan").” 10-K for 2024
Our summaryAnnounced planned layoffs to reduce company size by approximately 250 employees across the Retail Media and Performance Media segments under the 2023 Restructuring Plan.
Word for word“In February 2023, we announced planned layoffs to reduce our company size by approximately 250 employees across the Retail Media and Performance Media segments ("2023 Restructuring Plan").” 10-K for 2024
Our summaryThe company put a cost-reduction plan in place in 2025 to improve operating efficiency and align its costs with revenue, and recorded about $3.0 million of restructuring costs for it.
Word for word“The Company incurred approximately $ 3.0 million of restructuring costs during 2025 related to this plan, primarily reflected within Sales and Operations expense .” 10-K for 2025
Our summaryThe company recorded restructuring costs for its 2024 plan, split across R&D, sales and operations, and G&A expenses.
Word for word“The Company incurred restructuring costs of $ 8.5 million for the year ended December 31, 2024, of which $ 1.9 million was included in Research and Development expenses , $ 1.6 million was included in Sales and Operations expenses , and $ 5.0 million was included in General and Administrative expenses .” 10-K for 2025
Our summaryThe company recorded restructuring costs for its 2023 plan, split across R&D, sales and operations, and G&A expenses.
Word for word“The Company incurred restructuring costs of $ 23.0 million for the year ended December 31, 2023, of which $ 3.5 million was included in Research and Development expenses , $ 13.9 million was included in Sales and Operations expenses , and $ 5.6 million was included in General and Administrative expenses .” 10-K for 2025
| Fiscal year ended | Severance costs | Restructuring charges | Cash paid for restructuring | Positions eliminated |
|---|---|---|---|---|
| 2016-12-31 | $2.7 million | — | — | — |
| 2017-12-31 | $7.9 million | — | — | — |
| 2018-12-31 | $6.9 million | — | — | — |
| 2019-12-31 | $12.5 million | — | — | — |
| 2020-12-31 | $5.3 million | — | — | — |
| 2021-12-31 | $7.1 million | $4.5 million | $4.5 million | — |
| 2023-12-31 | — | $23 million | $18.6 million | 250 |
| 2024-12-31 | — | $8.5 million | — | 100 |
| 2025-12-31 | — | $3 million | $313,000 | — |
Criteo 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 Criteo’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 2026-02-26. 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.