FTI Consulting layoffs, on the record
Every job cut, severance charge and restructuring FTI Consulting reported in its annual reports, 2023 to 2025, quoted from the filings. Headcount went from 7,990 to 8,118.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2023 | 7,990 | As of December 31, 2023 |
| 10-K for 2024 | 8,374 | December 31, 2024 |
| 10-K for 2025 | 8,118 | December 31, 2025 |
Job cuts, severance and restructuring
Our summaryThe filing describes a 2022 special charge for programmatic headcount reductions, mainly in the FLC and Corporate Finance segments, to realign the workforce with business demand; no special charges were recorded in 2023.
Word for word“For the year ended December 31, 2022, we recorded a special charge of $8.3 million, which consisted of employee severance and other employee-related costs associated with programmatic headcount reductions primarily in our FLC and Corporate Finance segments to realign our workforce with business demand.” 10-K for 2023
| Fiscal year ended | Restructuring charges | Restructuring costs incurred | Cash paid for restructuring |
|---|---|---|---|
| 2016-12-31 | — | $10.4 million | $11.2 million |
| 2017-12-31 | — | $40.9 million | $29.1 million |
| 2018-12-31 | $0 | $0 | — |
| 2019-12-31 | $0 | $0 | — |
| 2020-12-31 | $7.1 million | $7.1 million | — |
| 2021-12-31 | $0 | $0 | — |
| 2022-12-31 | $8.3 million | $8.3 million | — |
| 2023-12-31 | $0 | $0 | — |
| 2024-12-31 | $8.2 million | $8.2 million | — |
| 2025-12-31 | $25.3 million | $25.3 million | — |
FTI Consulting filed 2 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 FTI Consulting’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.