Flutter Entertainment layoffs, on the record

Headcount, as reported

Job cuts, severance and restructuring

1. Our summaryRestructuring and integration costs were recorded, primarily for consolidating technology, back-office functions and relocating operations, including severance expenses. During the year ended December 31, 2023 · Cost: $126 million

   Word for word“During the year ended December 31, 2023, costs of $126 million (year ended December 31, 2022: $155 million) primarily relate to various restructuring and other strategic initiatives to drive increased synergies arising primarily from the acquisitions of TSG and Sisal.” 10-K for 2023

2. Our summaryThe restructuring costs included severance expenses, advisory fees and temporary staffing costs.

   Word for word“The costs primarily include severance expenses, advisory fees and temporary staffing costs.” 10-K for 2024

3. Our summaryRestructuring actions in 2023 and 2022 consolidated technology and back-office functions and relocated operations, with severance among the costs; 2023 costs were $132 million and 2022 costs were $121 million. Years ended December 31, 2023 and 2022

   Word for word“For the years ended December 31, 2023 and 2022, costs primarily related to restructuring and other strategic initiatives to drive increased synergies arising primarily from the acquisitions of TSG and Sisal.” 10-K for 2024

4. Our summaryFlutter ran restructuring, acquisition integration and other strategic programs to drive synergies, with costs recorded in each of the last three years, and the programs are expected to continue until 2027. Cost: $ 247 million, $ 135 million and $ 132 million

   Word for word“During the years ended December 31, 2025, 2024 and 2023 restructuring and transaction costs of $ 247 million, $ 135 million and $ 132 million, respectively, primarily related to various restructuring, acquisition integration and other strategic initiatives to drive synergies.” 10-K for 2025

5. Our summaryGeneral and administrative expenses rose in 2025 partly because restructuring costs were $92 million higher than the prior year, driven by business process reengineering and preparation for a new enterprise resource planning system. Cost: $92 million

   Word for word“The increase was primarily a result of (i) an increase in transaction costs of $170 million period over period primarily driven by the market access termination payment as part of the Boyd transaction in fiscal 2025, offset by advisory fees incurred in the prior year period related to the listing of Flutter’s ordinary shares in the U.S, (ii) an increase in restructuring costs of $92 million period over period primarily driven by business process reengineering cost and cost associated with our anticipated migration to a new enterprise resource planning system along with other restructuring, acquisition integration and strategic initiatives to drive synergies, (iii) a $60 million increase due to the acquisitions of Snai and NSX in fiscal 2025, (iv) an increase in share based compensation expenses of $42 million due to an increase in stock price, timing of grants and number of grants awarded period over period and (v) an increase in general and administrative expenses in our U.S. segment of $37 million due to growth in our US business.” 10-K for 2025

Flutter Entertainment filed 1 restructuring notice (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 Flutter Entertainment’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 2026-02-26. 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.