Genpact layoffs, on the record
Every job cut, severance charge and restructuring Genpact reported in its annual reports, 2023 to 2025, quoted from the filings. Headcount went from approximately 129,100 to over 146,500.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2023 | approximately 129,100 | As of December 31, 2023 |
| 10-K for 2024 | approximately 140,000 | As of December 31, 2024 |
| 10-K for 2025 | over 146,500 | December 31, 2025 |
Job cuts, severance and restructuring
Our summaryRestructuring undertaken in 2022 included a flexible hybrid delivery model that made certain leases and employee roles unnecessary, with a restructuring charge of $38.8 million excluded from adjusted operating income.
Word for word“During the year ended December 31, 2022 , we carried out certain restructuring activities in line with our long-term strategy to implement a flexible, hybrid global delivery model that incorporates a mix of offshore, onshore, near-shore, and remote working.” 10-K for 2023
| Fiscal year ended | Severance costs | Restructuring charges |
|---|---|---|
| 2020-12-31 | $15.4 million | $26.5 million |
| 2021-12-31 | — | $26.5 million |
| 2022-12-31 | $17.1 million | $38.8 million |
| 2023-12-31 | — | $4.9 million |
Genpact 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 Genpact’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.