Gaotu Techedu layoffs, on the record

Headcount, as reported

Job cuts, severance and restructuring

1. Our summaryThe company implemented a staffing optimization plan and incurred severance costs in connection with employee layoffs after ceasing compulsory education academic subject tutoring services.

   Word for word“As a result of the cessation of compulsory education academic subject tutoring services and other measures we have taken to comply with recent regulatory developments, we have implemented a staffing optimization plan and incurred severance costs in connection with employee layoffs.” 20-F for 2023

2. Our summaryThe company closed some operating centers and implemented staff optimization plans to restructure its business and operations.

   Word for word“In addition to the cessation of compulsory education academic subject tutoring services, we have taken other actions to restructure our business and operations, including closing of some of our operating centers and implementing staff optimization plans, to maintain our continued operations.” 20-F for 2023

3. Our summaryThe company carried out a Business Restructuring in 2021, including organizational adjustments and cessation of compulsory education academic subject tutoring services, which reduced employees and offices.

   Word for word“To comply with the Opinion and the New Regulations, the Company performed organizational adjustments and business restructuring, including the cessation of compulsory education academic subject tutoring services to students ("Business Restructuring").” 20-F for 2023

4. Our summaryCost of revenues, research and development expenses and general and administrative expenses fell in 2022 because of the reduction of employees and offices under the Business Restructuring.

   Word for word“This decrease was primarily due to the reduction of employees and offices as a result of the Business Restructuring, which resulted in decreases in staff-related cost, as well as rental expenses.” 20-F for 2023

5. Our summaryThe company recorded impairment and disposal losses tied to the Business Restructuring, including a disposal loss, in 2021. 2021

   Word for word“Our impairment loss on long-lived assets, impairment loss on goodwill, and disposal loss related to business restructuring were all nil in 2022, compared with RMB52.5 million, RMB43.3 million and RMB146.2 million in 2021.” 20-F for 2023

6. Our summaryThe company cancelled options and RSUs without replacement awards as a result of the Business Restructuring in 2021 and paid cash consideration for some RSUs.

   Word for word“Additionally, the Group also cancelled 330,428 RSUs and further paid RMB 24,370 as cash consideration.” 20-F for 2023

7. Our summaryThe company may incur severance charges from dismissal of employees and other actions in light of regulatory developments.

   Word for word“In addition, we may incur material impairment and severance charges resulting from termination of leases, dismissal of employees and other actions we take in light of the latest regulatory developments, which may have material adverse impact on our financial condition, results of operations and prospect.” 20-F for 2023

Gaotu Techedu 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 Gaotu Techedu’s annual reports (20-F for 2025, 20-F for 2024, 20-F for 2023) and the financial data it files with the SEC, as of 2026-04-22. 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.