Green DOT layoffs, on the record
Every job cut, severance charge and restructuring Green DOT reported in its annual reports, 2023 to 2025, quoted from the filings. Headcount went from approximately 1,200 to approximately 1,150.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2023 | approximately 1,200 | As of December 31, 2023 |
| 10-K for 2024 | approximately 1,150 | As of December 31, 2024 |
Job cuts, severance and restructuring
Our summaryGreen Dot initiated a reduction in workforce affecting about 10% of its global employees, intended to improve cost structure and streamline operations.
Word for word“In February 2024, we initiated a reduction in workforce that impacted approximately 10 % of our global employees.” 10-K for 2023
Our summaryGreen Dot announced a plan to exit its operations in China by the end of 2025 and recorded restructuring charges, mainly severance and employee benefits plus lease termination and other exit costs.
Word for word“During the third quarter of 2025, we announced a plan to exit our operational activities in China by the end of 2025 as a means of reducing complexity and promoting long-term structural improvements for our business.” 10-K for 2025
| Fiscal year ended | Restructuring charges | Cash paid for restructuring |
|---|---|---|
| 2023-12-31 | $0 | — |
| 2024-12-31 | $0 | — |
| 2025-12-31 | $22.1 million | $20.7 million |
Green DOT filed 1 restructuring notice (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 Green DOT’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 2026-03-16. 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.