Endava layoffs, on the record
Every job cut, severance charge and restructuring Endava reported in its annual reports, 2023 to 2025, quoted from the filings. Headcount went from 12,063 to 11,479.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 20-F for 2023 | 12,063 | June 30, 2023 |
| 20-F for 2024 | 12,085 | June 30, 2024 |
| 20-F for 2025 | 11,479 | June 30, 2025 |
Job cuts, severance and restructuring
Our summaryCompany recorded restructuring costs of £6.588 million in the reconciliation of Adjusted PBT for fiscal 2023.
Word for word“Restructuring costs 6,588 — — Fair value movement of contingent consideration (10,613) — — Adjusted PBT £ 164,195 £ 138,263 £ 92,066 (6) We monitor our adjusted free cash flow to better understand and evaluate our liquidity position and to develop future operating plans.” 20-F for 2023
Our summaryCost of sales in 2023 included restructuring costs related to business optimization actions of management.
Word for word“Cost of sales in 2023 also includes £5.5 million of restructuring costs related to business optimization actions of management.” 20-F for 2023
Our summarySelling, general and administrative expenses in 2023 included restructuring costs related to business optimization actions taken by management.
Word for word“Selling, general and administrative expenses in 2023 also includes £1.1 million of restructuring costs related to business optimization actions taken by management.” 20-F for 2023
Our summaryCompany carried out a restructuring exercise that included severance payments to employees and business optimization actions, including redundancy programs and property exits.
Word for word“Restructuring costs of £ 11.6 million relate to severance payments made to employees in respect of a restructuring exercise that took place during the year (2023: £ 6.6 million).” 20-F for 2024
Our summaryCompany reduced staff numbers in response to slowed demand in the Payments sector, incurring restructuring costs.
Word for word“This lower level of staff utilization directly impacted the gross margin and in response to this we subsequently incurred significant restructuring costs on reducing staff numbers which also adversely impacted gross margins.” 20-F for 2024
Our summaryCost of sales included restructuring costs for business optimization, including redundancy programs and property exits.
Word for word“Cost of sales in 2024 includes £9.1 million of restructuring costs related to business optimization actions of management, including redundancy programs and property exits, compared to £5.5 million in 2023.” 20-F for 2024
Our summarySupport functions costs within general and administrative expenses included restructuring costs for business optimization, including redundancy programs.
Word for word“The increase in total selling, general and administrative expenses is primarily due to an increase of £4.2 million in general and administrative expenses as a result of increased support functions costs, including £2.6 million of restructuring costs related to business optimization actions of management, including redundancy programs, compared to £1.1 million in 2023.” 20-F for 2024
Our summaryThe company recorded restructuring costs for severance payments to employees in a restructuring exercise during fiscal 2025.
Word for word“Restructuring costs of £ 6.5 million relate to severance payments made to employees in respect of a restructuring exercise that took place during the year (2024: £ 11.6 million and 2023: £ 6.6 million ).” 20-F for 2025
Our summaryThe company included restructuring costs in direct cost of sales for management-led business optimization and redundancy programs, lower than the prior year.
Word for word“Included in the direct cost of sales are £4.4 million of restructuring costs related to management-led business optimization and redundancy programs, compared to £9.1 million in 2024.” 20-F for 2025
Our summaryThe company controlled costs in fiscal 2025 partly by limiting wage increases and restructuring its headcount base.
Word for word“As a result of the challenging macroeconomic environment and demand softness, we controlled our cost base, mainly by limiting wage increases and by restructuring our headcount base, which has allowed us to deliver a reasonable margin.” 20-F for 2025
Endava 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 Endava’s annual reports (20-F for 2025, 20-F for 2024, 20-F for 2023) and the financial data it files with the SEC, as of 2025-09-04. 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.