DXC Technology layoffs, on the record
Every job cut, severance charge and restructuring DXC Technology reported in its annual reports, 2024 to 2026, quoted from the filings. Headcount went from more than 120,000 to approximately 115,000.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2025 | more than 120,000 | — |
| 10-K for 2026 | approximately 115,000 | — |
Job cuts, severance and restructuring
Our summaryManagement approved global cost savings initiatives to better align workforce, facility and data center requirements, with restructuring costs recorded in fiscal 2024.
Word for word“During fiscal 2024, management approved global cost savings initiatives designed to better align our workforce, facility and data center requirements.” 10-K for 2024
Our summaryRestructuring costs for fiscal 2024 decreased compared to the prior year, primarily from a reduction in workforce-related expenses.
Word for word“Total restructuring costs recorded, net of reversals, during fiscal 2024 were $111 million, a decrease of $105 million compared to the prior fiscal year, primarily from a reduction in workforce-related expenses.” 10-K for 2024
Our summaryRecorded a severance expense related to the departure of the Company's prior Chief Executive Officer within cost of services.
Word for word“The $670 million decrease in expenses against the prior fiscal year was primarily due to a reduction in labor costs from lower revenue levels and a reduction in professional services and contractor-related expenses from our cost optimization efforts, partially offset by a $9 million severance expense in the third quarter of fiscal 2024 related to the departure of the Company's prior Chief Executive Officer and an unfavorable foreign currency exchange rate impact of $64 million.” 10-K for 2024
Our summaryReported restructuring plans under Fiscal 2024 Plan, Fiscal 2023 Plan and other prior-year plans, with employee severance and facility closing charges recorded for each.
Word for word“We have implemented several restructuring plans and may continue to implement cost-takeout measures to realign our cost structure with the changing nature of our business and to achieve operating efficiencies to reduce our costs.” 10-K for 2024
Our summaryManagement approved global cost savings initiatives to better align workforce, facility, and data center requirements, with restructuring costs recorded in fiscal 2025.
Word for word“Total restructuring costs recorded, net of reversals, during fiscal 2025 were $153 million, an increase of $42 million compared to the prior fiscal year, primarily from a reduction in workforce-related expenses.” 10-K for 2025
Our summaryManagement approved global cost savings initiatives in fiscal 2026 to better align workforce, facility and data center needs, recording restructuring costs of $115 million, down from the prior year mainly because of lower workforce-related expenses.
Word for word“Total restructuring costs recorded, net of reversals, during fiscal 2026 were $115 million, a decrease of $38 million (-24.8%) compared to the prior fiscal year, primarily from a reduction in workforce-related expenses.” 10-K for 2026
| Fiscal year ended | Restructuring charges | Cash paid for restructuring |
|---|---|---|
| 2017-03-31 | $238 million | — |
| 2018-03-31 | $789 million | — |
| 2019-03-31 | $465 million | — |
| 2020-03-31 | $252 million | — |
| 2021-03-31 | $551 million | $442 million |
| 2022-03-31 | $318 million | $354 million |
| 2023-03-31 | $216 million | $206 million |
| 2024-03-31 | $111 million | $130 million |
| 2025-03-31 | $153 million | $137 million |
| 2026-03-31 | $115 million | $125 million |
DXC Technology 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 DXC Technology’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 2026-05-08. 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.