Equifax layoffs, on the record
Every job cut, severance charge and restructuring Equifax reported in its annual reports, 2023 to 2025, quoted from the filings. Headcount went from approximately 14,900 to approximately 15,000.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2023 | approximately 14,900 | December 31, 2023 |
| 10-K for 2024 | approximately 14,700 | December 31, 2024 |
| 10-K for 2025 | approximately 15,000 | December 31, 2025 |
Job cuts, severance and restructuring
Our summaryCompany recorded restructuring charges in 2023 mainly tied to a reduction in headcount and contract termination costs, booked to general corporate expense.
Word for word“During the twelve months ended December 31, 2023, we recorded $ 37.6 million of restructuring charges, all of which was recorded in selling, general and administrative expenses within our Consolidated Statements of Income.” 10-K for 2023
Our summaryCompany recorded restructuring charges in the fourth quarter of 2022 primarily related to a reduction in headcount.
Word for word“In the fourth quarter of 2022, we recorded $ 24.0 million ($ 18.0 million, net of tax) of restructuring charges, all of which were recorded in selling, general and administrative expenses on our Consolidated Statements of Income.” 10-K for 2023
Our summaryCompany recorded restructuring charges in the fourth quarter of 2021 primarily related to a reduction in headcount.
Word for word“In the fourth quarter of 2021, we recorded $ 8.6 million ($ 6.5 million, net of tax) of restructuring charges, all of which were recorded in selling, general and administrative expenses on our Consolidated Statements of Income.” 10-K for 2023
Our summaryGeneral corporate expense in 2023 included higher restructuring charges along with other costs.
Word for word“The increase in 2023 as compared to 2022 is due to payment of a penalty associated with resolution of the investigation of a material 2017 cybersecurity incident by the U.K. FCA, as well as increased people costs, primarily incentive plans and restructuring charges.” 10-K for 2023
Our summaryEquifax recorded restructuring charges for realignment of resources and other costs, mainly to complete its technology transformation, all recorded in selling, general and administrative expenses.
Word for word“During the twelve months ended December 31, 2024, we recorded $ 48.0 million of restructuring charges for the realignment of resources and other costs, all of which were recorded in selling, general and administrative expenses within our Consolidated Statements of Income.” 10-K for 2024
Our summaryEquifax recorded restructuring charges in the fourth quarter of 2022.
Word for word“In the fourth quarter of 2022, we recorded $ 24.0 million of restructuring charges, all of which were recorded in selling, general and administrative expenses o” 10-K for 2024
Our summaryEquifax recorded restructuring charges in 2025, mainly for headcount reductions plus contract terminations tied to finishing its cloud technology transformation.
Word for word“During the twelve months ended December 31, 2025, we recorded $ 49.9 million of restructuring charges, all of which were recorded in selling, general and administrative expenses within our Consolidated Statements of Income.” 10-K for 2025
| Fiscal year ended | Restructuring charges | Cash paid for restructuring |
|---|---|---|
| 2018-12-31 | — | $11.5 million |
| 2020-12-31 | — | $4.1 million |
| 2023-12-31 | $37.6 million | $43.4 million |
| 2024-12-31 | $48 million | $48.7 million |
| 2025-12-31 | $49.9 million | $32.8 million |
Equifax 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 Equifax’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 2026-02-19. 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.