Globus Medical layoffs, on the record
Every job cut, severance charge and restructuring Globus Medical reported in its annual reports, 2023 to 2025, quoted from the filings. Headcount went from over 5,000 to over 6,000.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2023 | over 5,000 | December 31, 2023 |
| 10-K for 2024 | over 5,300 | December 31, 2024 |
| 10-K for 2025 | over 6,000 | December 31, 2025 |
Job cuts, severance and restructuring
Our summaryRestructuring costs were recorded under the 2024 Synergy Plan, designed to optimize the organizational structure and realize synergies from the NuVasive Merger.
Word for word“Restructuring costs represent costs associated with the Company’s 2024 Synergy Plan.” 10-K for 2024
Our summaryThe 2024 Synergy Plan was designed to reduce the size of the workforce, with restructuring costs primarily for employee termination benefits.
Word for word“As of December 31,2024, the Company incurred restructuring and other costs primarily related to employee termination benefits as a part of the Company’s 2024 Synergy Plan.” 10-K for 2024
Our summaryThe company ran a 2024 Synergy Plan to optimize its organizational structure by reducing the size of its workforce, recording employee termination benefits.
Word for word“The 2024 Synergy Plan was designed to optimize the organizational structure of Globus by reducing the size of our workforce.” 10-K for 2025
Our summaryRestructuring costs fell in 2025 because employee termination benefit expenses were lower under the 2024 Synergy Plan and the 2025 Strategic Integration Plan.
Word for word“The decrease in restructuring costs of $8.7 million compared to the same period of the prior year was primarily due to lower employee termination benefit expenses from the 2024 Synergy Plan and the 2025 Strategic Integration Plan (each as defined in Note 16, Restructuring And Other Costs in “Item 8. Financial Statements and Supplementary Data” ) during the year ended December 31, 2025 compared to the expenses from the 2024 Synergy Plan for the year ended December 31, 2024.” 10-K for 2025
| Fiscal year ended | Restructuring charges | Cash paid for restructuring |
|---|---|---|
| 2024-12-31 | $29.7 million | $21.2 million |
Globus Medical 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 Globus Medical’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 2026-02-24. 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.