Exelon layoffs, on the record
Every job cut, severance charge and restructuring Exelon reported in its annual reports, 2023 to 2025, quoted from the filings.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2024 | 20,014 | — |
Job cuts, severance and restructuring
Our summaryExelon recorded separation costs, including employee-related severance costs, which are excluded from Adjusted (non-GAAP) Operating Earnings.
Word for word“These costs are excluded from Adjusted (non-GAAP) Operating Earnings.” 10-K for 2023
Our summaryExelon reported separation costs primarily comprised of system-related costs, third-party advisor costs, and employee-related severance costs, recorded in Operating and maintenance expense and Other, net.
Word for word“(c) Represents costs related to the separation primarily comprised of system-related costs, third-party costs paid to advisors, consultants, lawyers, and other experts assisting in the separation, and employee-related severance costs, which are recorded in Operating and maintenance expense and Other, net.” 10-K for 2023
Our summaryExelon reported severance costs in the cash flow related to its pension and other non-cash operating activities table for 2021.
Word for word“Severance costs ( 57 ) 2 — — 1 — — — Long-term incentive plan 137 — — — — — — — Amortization of operating ROU Asset 183 1 — 29 28 6 8 4 AFUDC - Equity ( 136 ) ( 34 ) ( 26 ) ( 27 ) ( 49 ) ( 40 ) ( 6 ) ( 3 )” 10-K for 2023
Our summaryExelon recorded severance and reorganization costs tied to its cost management program, reported in the income statement footnotes.
Word for word“(b) Primarily represents severance and reorganization costs related to cost management.” 10-K for 2024
Our summaryExelon recorded separation costs, including employee-related severance costs, for the separation of its former generation business.
Word for word“(a) Represents costs related to the separation primarily comprised of system-related costs, third-party costs paid to advisors, consultants, lawyers, and other experts assisting in the separation, and employee-related severance costs, which are recorded in Operating and maintenance expense and Other, net.” 10-K for 2024
| Fiscal year ended | Severance costs | Cash paid for restructuring |
|---|---|---|
| 2016-12-31 | $19 million | $46 million |
| 2017-12-31 | $14 million | $29 million |
Exelon filed 6 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 Exelon’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 2026-02-12. 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.