Everest Reinsurance layoffs, on the record
Every job cut, severance charge and restructuring Everest Reinsurance reported in its annual reports, 2023 to 2025, quoted from the filings. Headcount went from 2,158 to 2,064.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2023 | 2,158 | February 1, 2024 |
| 10-K for 2024 | 2,089 | February 1, 2025 |
| 10-K for 2025 | 2,064 | February 1, 2026 |
Job cuts, severance and restructuring
Our summaryThe company recorded severance and software impairment charges tied to the ROW Master Transaction Agreement for the sale of a business.
Word for word“In addition, as a result of the ROW Master Transaction Agreement, the Company also recorded severance and impairments of capitalized software in the amount of $ 22 million and $ 61 million, respectively, for the year ended December 31, 2025.” 10-K for 2025
Everest Reinsurance 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 Everest Reinsurance’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 2026-03-31. 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.