Elastic layoffs, on the record
Every job cut, severance charge and restructuring Elastic reported in its annual reports, 2024 to 2026, quoted from the filings. Headcount went from 3,187 to 4,019.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2024 | 3,187 | April 30, 2024 |
| 10-K for 2025 | 3,537 | April 30, 2025 |
| 10-K for 2026 | 4,019 | April 30, 2026 |
Job cuts, severance and restructuring
Our summaryInitiated a plan to realign business and strategic priorities that reduced the workforce.
Word for word“During the three months ended April 30, 2024, we initiated a plan to realign business and strategic priorities which resulted in a reduction of our workforce.” 10-K for 2024
Our summaryAnnounced and began a plan to align investments with strategic priorities by reducing the workforce and optimizing facilities costs.
Word for word“On November 30, 2022, we announced and began implementing a plan to align our investments more closely with our strategic priorities by reducing our workforce by approximately 13% and implementing certain facilities-related cost optimization actions.” 10-K for 2024
Our summaryRecorded restructuring and other related charges for fiscal 2025, mostly employee severance, which fell sharply from the prior year.
Word for word“Restructuring and other related charges decreased by $4.7 million for the year ended April 30, 2025 compared to the prior year due to lower employee-related severance and termination benefit charges.” 10-K for 2025
Our summaryRecorded restructuring charges in fiscal 2024 for employee severance and related items.
Word for word“Restructuring and other related charges $ 225 $ 4,917 $ (4,692) (95) %” 10-K for 2025
Our summaryRecorded restructuring charges in fiscal 2023 under a restructuring plan, including impairment of leased office space that was exited.
Word for word“During the year ended April 30, 2023, the Company recorded asset impairment charges comprising impairment of operating lease right-of-use assets and the associated furniture, equipment, and leasehold improvements of $ 5.1 million and $ 1.1 million, respectively, for exited leased office spaces associated with the Company's restructuring plan.” 10-K for 2025
| Fiscal year ended | Restructuring charges |
|---|---|
| 2022-04-30 | $0 |
| 2023-04-30 | $31.3 million |
| 2024-04-30 | $4.9 million |
| 2025-04-30 | $225,000 |
| 2026-04-30 | $0 |
Elastic filed 2 restructuring notices (Form 8-K, Item 2.05) since 2016. This page shows what the company reported to the SEC, not news reports or state layoff notices.
Read from Elastic’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 2026-06-08. 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.