Discover Financial Services layoffs, on the record
Every job cut, severance charge and restructuring Discover Financial Services reported in its annual reports, 2022 to 2024, quoted from the filings. Headcount went from approximately 20,200 to approximately 21,000.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2022 | approximately 20,200 | December 31, 2022 |
| 10-K for 2023 | approximately 21,100 | December 31, 2023 |
| 10-K for 2024 | approximately 21,000 | December 31, 2024 |
Job cuts, severance and restructuring
None of Discover Financial Services’s annual reports for 2022 to 2024 describes a layoff, workforce reduction or restructuring.
Discover Financial Services 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 Discover Financial Services’s annual reports (10-K for 2024, 10-K for 2023, 10-K for 2022) and the financial data it files with the SEC, as of 2025-02-20. 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.