Globant layoffs, on the record
Every job cut, severance charge and restructuring Globant reported in its annual reports, 2023 to 2025, quoted from the filings. Headcount went from 29,150 to 28,773.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 20-F for 2023 | 29,150 | December 31, 2023 |
| 20-F for 2024 | 31,280 | December 31, 2024 |
| 20-F for 2025 | 28,773 | December 31, 2025 |
Job cuts, severance and restructuring
Our summaryThe company launched a Business Optimization Plan to transform its operations, aiming for cost savings including through a headcount reduction.
Word for word“In addition, in April 2025, we launched a business optimization plan (the "Business Optimization Plan") to strategically transform our operations, which is expected to generate cost savings for the Company, including by examining practices and efficiencies in methods of working, reduction in headcount and optimizing external spend.” 20-F for 2025
Our summaryThe company recorded Business Optimization Plan costs, mainly employee severance and closing physical offices, for 2025.
Word for word“Cost related to the Business Optimization Plan was $52.0 million for the year ended December 31, 2025.” 20-F for 2025
Our summaryThe company said a headcount reduction from the Business Optimization Plan partly offset higher salary costs in cost of revenues.
Word for word“These effects were partially offset by a headcount reduction resulting from the Business Optimization Plan implemented in the second quarter of the year.” 20-F for 2025
Our summaryThe company reported a workforce reduction cost within its 2025 restructuring activities.
Word for word“The activities associated with this plan were communicated, started and substantially completed during the second quarter of fiscal year 2025.” 20-F for 2025
Globant 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 Globant’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 2026-02-27. 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.