Franklin Templeton layoffs, on the record
Every job cut, severance charge and restructuring Franklin Templeton reported in its annual reports, 2023 to 2025, quoted from the filings. Headcount went from approximately 9,200 to approximately 9,800.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2023 | approximately 9,200 | September 30, 2023 |
| 10-K for 2024 | approximately 10,200 | September 30, 2024 |
| 10-K for 2025 | approximately 9,800 | As of September 30, 2025 |
Job cuts, severance and restructuring
Our summaryThe global workforce decreased during fiscal 2023, as the filing reports a drop in employee count.
Word for word“At September 30, 2023, our global workforce had decreased to approximately 9,200 employees from approximately 9,800 at September 30, 2022.” 10-K for 2023
Our summaryThe company had lower special termination benefits than the prior year, because the prior year had higher costs from workforce optimization initiatives.
Word for word“Special termination benefits decreased $6.1 million primarily due to higher costs associated with workforce optimization initiatives in the prior year.” 10-K for 2025
Franklin Templeton 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 Franklin Templeton’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 2025-11-10. 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.