Douglas Elliman layoffs, on the record
Every job cut, severance charge and restructuring Douglas Elliman reported in its annual reports, 2023 to 2025, quoted from the filings.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2023 | approximately 809 | December 31, 2023 |
| 10-K for 2024 | approximately 783 employees | December 31, 2024 |
| 10-K for 2025 | approximately 580 employees | December 31, 2025 |
Job cuts, severance and restructuring
Our summaryThe real estate brokerage segment reduced headcount on a net basis by about 100 positions during 2023 and began a program transitioning administrative support functions, expected to cut about 60 more employees in 2024.
Word for word“During the year ended December 31, 2023, we reduced our headcount, on a net basis, by approximately 100 positions and have commenced a program of transitioning certain administrative support functions that do not impact the agent experience, which are expected to result in additional reductions of approximately 60 employees during 2024.” 10-K for 2023
Our summaryThe company recorded restructuring expense tied to employee severance for staff reductions in the real estate brokerage segment restructuring plan.
Word for word“Employee severance and benefits expensed for the year ended December 31, 2023 relate entirely to the reduction in staff and are cash charges.” 10-K for 2023
Our summaryThe company recorded restructuring expense tied to staff reductions, with severance expense of 1,041 for 2024 versus 2,377 for 2023.
Word for word“Employee severance and benefits expensed for the year ended December 31, 2024 and 2023 relate entirely to the reduction in staff and are cash charges.” 10-K for 2024
Our summaryThe company recorded executive severance and separation expenses after its former chairman and CEO resigned.
Word for word“On October 21, 2024, our former Chairman of the Board of Directors, President and Chief Executive Officer, notified our Board of his resignation as Chairman of the Board, President and Chief Executive Officer, effective immediately.” 10-K for 2024
Our summaryThe former President and CEO of the subsidiary Douglas Elliman Realty LLC was terminated.
Word for word“On October 25, 2024, the former President and Chief Executive Officer of our subsidiary, Douglas Elliman Realty LLC, was terminated effective immediately.” 10-K for 2024
Our summaryThe company reduced operating expenses through efforts it said were intended to increase efficiency, including reductions in general and administrative expenses.
Word for word“During 2024, we reduced our operating expenses, excluding commissions, litigation settlement and related expenses, restructuring, executive severance and separation expenses and non-cash stock compensation expenses by approximately $19,725 (6.8%) a s compared to 2023.” 10-K for 2024
Our summaryThe company recorded restructuring expense, mainly employee severance and benefits tied to staff reductions, in 2025 and 2024.
Word for word“(y) Restructuring : Restructuring expense primarily consists of employee severance and benefits expensed for the years ended December 31, 2025 and 2024 associated with the reduction in staff and are cash charges.” 10-K for 2025
| Fiscal year ended | Severance costs | Restructuring charges |
|---|---|---|
| 2020-12-31 | $1.9 million | $2.2 million |
| 2021-12-31 | — | $0 |
| 2022-12-31 | — | $0 |
| 2023-12-31 | — | $2.4 million |
| 2024-12-31 | — | $1 million |
| 2025-12-31 | — | $1.6 million |
Douglas Elliman 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 Douglas Elliman’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 2026-03-16. 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.