Grand Canyon Education layoffs, on the record
Every job cut, severance charge and restructuring Grand Canyon Education reported in its annual reports, 2023 to 2025, quoted from the filings. Headcount went from 5,800 to 5,830.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2023 | 5,800 | December 31, 2023 |
| 10-K for 2024 | 5,830 | As of December 31, 2024 |
Job cuts, severance and restructuring
Our summaryRecorded severance costs for one executive who resigned, which increased general and administrative expenses.
Word for word“This increase was primarily attributable to an increase in professional fees including legal costs of $2.2 million, employee compensation, including share-based compensation and benefits of $1.4 million, which includes $1.1 million in severance costs recorded for an executive that resigned June 30, 2024, an increase in contributions in lieu of state income taxes of $1.0 million and increases in occupancy and depreciation costs of $0.2 million.” 10-K for 2024
Grand Canyon Education 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 Grand Canyon Education’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 2026-02-18. 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.