GoDaddy layoffs, on the record
Every job cut, severance charge and restructuring GoDaddy reported in its annual reports, 2023 to 2025, quoted from the filings. Headcount went from 6,159 to 5,845.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2023 | 6,159 | As of December 31, 2023 |
| 10-K for 2024 | 5,518 | December 31, 2024 |
| 10-K for 2025 | 5,845 | December 31, 2025 |
Job cuts, severance and restructuring
Our summaryIn February 2023, GoDaddy announced a restructuring plan with a reduction in force of about 550 employees, about 8% of its workforce at the time, plus a commitment to sell certain assets.
Word for word“In February 2023, we announced a restructuring plan to reduce future operating expenses and improve cash flows through a combination of a reduction in force and a commitment to sell certain assets.” 10-K for 2023
Our summaryGoDaddy recorded a pre-tax loss on the completion of the planned disposition of certain assets and liabilities of its hosting business within the Core segment.
Word for word“In addition, we recognized a pre-tax loss of $16.5 million upon the completion of the planned disposition of certain assets and liabilities of our hosting business within our Core segment, which occurred on June 30, 2023.” 10-K for 2023
Our summaryIn the third quarter of 2023, GoDaddy implemented additional restructuring activities through a reduction in force.
Word for word“In the third quarter of 2023, we implemented additional restructuring activities to further reduce operating expenses and improve cash flows through a reduction in force, which impacted approximately 250 employees.” 10-K for 2023
Our summaryGoDaddy reported total restructuring and other charges for 2023 in its results of operations.
Word for word“Our operating results for the year ended December 31, 2023 included $90.8 million in restructuring and other charges, as further discussed in Note 14 to our financial statements.” 10-K for 2023
Our summaryCost optimization initiatives in 2024 included reductions in headcount, along with lower rent and utilities and data center costs.
Word for word“During the year ended December 31, 2024, the Company engaged in cost optimization initiatives, including reductions in headcount, decreases in rent and utilities expenses, and reductions in costs associated with data center and systems infrastructure as we continue to migrate to a cloud-based infrastructure.” 10-K for 2024
Our summaryRestructuring and other charges in 2024 included severance, employee benefits and equity-based compensation, plus impairment and lease abandonment amounts.
Word for word“Restructuring and other of $39.4 million during 2024 primarily includes $18.2 million in severance, employee benefits and equity-based compensation, as well as individually immaterial amounts resulting from non-cash impairment charges and abandonment of certain operating leases.” 10-K for 2024
Our summaryThe company undertook restructuring activities in 2024 and made cash payments on them during the year.
Word for word“As discussed in Note 14 to our financial statements, we undertook restructuring activities in 2024.” 10-K for 2024
Our summaryRestructuring and other charges in 2023 primarily covered costs from restructuring activities, plus a termination charge for a revenue sharing agreement.
Word for word“Restructuring and other of $90.8 million during 2023 primarily includes costs incurred pursuant to restructuring activities as further discussed in Note 14 to our financial statements, as well as a charge of $17.0 million related to the termination of a revenue sharing agreement.” 10-K for 2024
Our summaryThe company recorded restructuring and other charges in 2025 and 2024, discussed in Note 13.
Word for word“(2) Our operating results for the years ended December 31, 2025 and December 31, 2024 included $11.1 million and $39.4 million, respectively, in restructuring and other charges, as further discussed in Note 13 to our financial statements.” 10-K for 2025
Our summaryThe company still owes about $4.4 million of 2025 restructuring payments, after paying $6.9 million in 2025.
Word for word“Cash payments of $6.9 million were made in the year ended December 31, 2025, and approximately $4.4 million remains to be paid in 2026.” 10-K for 2025
Our summaryRestructuring and other expense fell in 2025, partly because severance, employee benefits and equity-based compensation from restructuring activities were $8.0 million lower.
Word for word“The $28.3 million, or 71.8%, decrease in restructuring and other expenses for the year ended December 31, 2025 was attributable to an $8.0 million decrease in severance, employee benefits and equity-based compensation pursuant to restructuring activities.” 10-K for 2025
| Fiscal year ended | Restructuring charges | Cash paid for restructuring |
|---|---|---|
| 2018-12-31 | $0 | — |
| 2019-12-31 | $0 | — |
| 2020-12-31 | $36.8 million | — |
| 2021-12-31 | $8 million | — |
| 2022-12-31 | $27.4 million | — |
| 2023-12-31 | $97.9 million | — |
| 2024-12-31 | $18.2 million | $16.4 million |
| 2025-12-31 | $10.2 million | $5.7 million |
GoDaddy filed 3 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 GoDaddy’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 2026-02-25. 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.