Enphase layoffs, on the record
Every job cut, severance charge and restructuring Enphase reported in its annual reports, 2023 to 2025, quoted from the filings.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2023 | 3,157 | December 31, 2023 |
| 10-K for 2024 | 2,781 | December 31, 2024 |
| 10-K for 2025 | 2,872 full-time employees | December 31, 2025 |
Job cuts, severance and restructuring
Our summaryImplemented the 2023 Restructuring Plan in the fourth quarter of 2023 to reduce operating costs and better align the cost structure with market conditions.
Word for word“In the fourth quarter of 2023, we implemented a restructuring plan (the “2023 Restructuring Plan”) to reduce our operating costs, and better align our cost structure with current market conditions, strategic priorities and our ongoing commitment to profitable growth.” 10-K for 2023
Our summaryReducing global workforce by approximately 10% under the 2023 Restructuring Plan, and plans to cease operations at contract manufacturing sites in Romania and Wisconsin and resize other contract manufacturing sites.
Word for word“As part of the 2023 Restructuring Plan, we are reducing our global workforce by approximately 10% and plan to cease operations at our contract manufacturing locations in Romania and Wisconsin, United States, and resize our other contract manufacturing sites, to be closer aligned to expected demand.” 10-K for 2023
Our summaryRecorded restructuring and asset impairment charges, consisting of asset impairment, contract termination and employee severance and one-time benefits.
Word for word“Restructuring charges of $15.7 million in the year ended December 31, 2023, primarily consisted of $9.7 million of asset impairment charges, $3.7 million of contract termination charges and $1.4 million of employee severance and one-time benefits.” 10-K for 2023
Our summaryRecorded restructuring charges in 2022 for one-time termination benefits and other employee-related expenses under 2022 restructuring initiatives.
Word for word“Restructuring charges of $2.4 million in the year ended December 31, 2022, primarily consisted of one-time termination benefits and other employee-related expenses.” 10-K for 2023
Our summaryImplemented the 2024 Restructuring Plan to better align the workforce and cost structure, including ceasing operations at a contract manufacturing location in Mexico in the first half of 2025.
Word for word“In the fourth quarter of 2024, we implemented a restructuring plan (the “2024 Restructuring Plan”) to better align our workforce and cost structure with our business needs, strategic priorities and ongoing commitment to profitable growth, while increasing operational efficiencies and reducing operating costs, which included the plan to cease operations at our contract manufacturing location in Mexico in the first half of 2025.” 10-K for 2024
Our summaryAnnounced the 2024 Restructuring Plan, which reduces the workforce of full-time employees and contractors by approximately 17 percent, to be implemented until the first half of 2025.
Word for word“In November 2024, we announced the 2024 Restructuring Plan, which includes a reduction of our workforce of full-time employees and contractors by approximately 17 percent, which will continue to be implemented until the first half of 2025.” 10-K for 2024
Our summaryRestructuring and asset impairment charges for 2024 consisted of employee severance and one-time benefits, contract termination charges, and asset impairment charges.
Word for word“Restructuring charges of $13.2 million in the year ended December 31, 2024, primarily consisted of $6.4 million of employee severance, one-time benefits and other employee related expenses, $2.0 million of contract termination charges and $4.8 million of asset impairment charges.” 10-K for 2024
Our summaryRestructuring charges for 2023 were recorded, consisting mainly of asset impairment, contract termination and employee severance costs.
Word for word“Restructuring charges of $15.7 million in the year ended December 31, 2023, primarily consisted of $9.8 million of asset impairment charges, $3.7 million of contract termination charges, $1.4 million of employee severance and one-time benefits, and $0.8 million of other restructuring charges.” 10-K for 2024
Our summaryReduced headcount under the 2023 and 2024 restructuring initiatives, lowering research and development personnel-related expenses.
Word for word“The decrease was primarily due to actions implemented in connection with the restructuring initiatives implemented in 2023 and 2024 that lowered personnel-related expenses by $16.2 million due to a reduction in headcount and lowered equipment and professional services costs by $9.8 million.” 10-K for 2024
Our summaryThe company reported taking steps to reduce its global workforce and streamline operations to cut costs and align its workforce with market conditions.
Word for word“We have taken steps, including reducing our global workforce, streamlining our operations and internal reorganizations, to increase operational efficiencies and execution, reduce operating costs, and better align our workforce and cost structure with current market conditions.” 10-K for 2025
Our summaryThe company recorded 2025 restructuring and asset impairment charges, mostly employee-related expenses, from its earlier restructuring initiatives.
Word for word“Restructuring and asset impairment charges of $7.1 million in the year ended December 31, 2025, primarily consisted of $5.2 million of employee related expenses, $1.7 million of asset impairment charges and $0.2 million of contract termination charges.” 10-K for 2025
Our summaryThe company recorded 2024 restructuring and asset impairment charges including employee severance, contract termination and asset impairment costs.
Word for word“Restructuring and asset impairment charges of $13.2 million the year ended December 31, 2024, primarily consisted of $6.4 million of employee severance, one-time benefits and other employee related expenses, $2.0 million of contract termination charges and $4.8 million of asset impairment charges.” 10-K for 2025
Our summaryRestructuring actions at the end of 2024 reduced headcount and lowered research and development personnel costs in 2025.
Word for word“The decrease was primarily due to actions in connection with the restructuring initiatives implemented at the end of 2024 that lowered personnel-related expenses due to a reduction in headcount by $7.7 million and lowered equipment, supplies and professional services costs by $4.6 million.” 10-K for 2025
| Fiscal year ended | Severance costs | Restructuring charges |
|---|---|---|
| 2016-12-31 | $1.3 million | $3.8 million |
| 2017-12-31 | $2.8 million | $16.9 million |
| 2018-12-31 | — | $4.1 million |
| 2019-12-31 | — | $2.6 million |
| 2020-12-31 | — | $0 |
| 2021-12-31 | — | $0 |
| 2022-12-31 | — | $2.4 million |
| 2023-12-31 | — | $15.7 million |
| 2024-12-31 | — | $13.2 million |
| 2025-12-31 | — | $7.1 million |
Enphase filed 3 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 Enphase’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 2026-02-17. 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.