Grifols layoffs, on the record
Every job cut, severance charge and restructuring Grifols reported in its annual reports, 2023 to 2025, quoted from the filings. Headcount went from 23,822 to 25,247.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 20-F for 2024 | 23,822 | December 31, 2024 |
| 20-F for 2025 | 25,247 | December 31, 2025 |
Job cuts, severance and restructuring
Our summaryReduced staff as the second part of the Operational Improvement Plan, mainly in U.S. plasma operations, including a labor force reduction plan in Spain.
Word for word“The second part of the plan, streamlining corporate functions, caused a reduction in staff in 2023 of approximately 8.0% of our workforce (or approximately 2,000 employees), mainly in plasma operations in the United States, by means of initiatives such as:” 20-F for 2023
Our summaryRecorded a reorganization charge related to the Operational Improvement Plan, mainly severance payments, advisory fees and other reorganization activities.
Word for word“In 2023, we recorded a €159.3 million reorganization impact related to the Operational Improvement Plan.” 20-F for 2023
Our summaryReduced staff in 2023 by about 8.0% of the workforce, mainly in US plasma operations, as part of the corporate streamlining under the Operational Improvement Plan, including a labor force reduction plan in Spain affecting 51 employees.
Word for word“The second part of the plan, streamlining corporate functions, caused a reduction in staff in 2023 of approximately 8.0% of our workforce (or approximately 2,000 employees), mainly in plasma operations in the United States, by means of initiatives such as: ● centralizing and automating functions; 101 Table of Contents ● more fully sharing services across business units; ● consolidating vendors; ● streamlining reporting structures; ● a labor force reduction plan (ERE) in Spain, which affected 51 employees; and ● eliminating duplicative functions and positions.” 20-F for 2024
Our summaryRecorded reorganization charges under the Operational Improvement Plan, mainly severance payments and advisory fees.
Word for word“In 2024 and 2023, we recorded a reorganization impact of €36.0 million and a €159.3 million, respectively, related to the Operational Improvement Plan.” 20-F for 2024
Our summaryRecognized severance expense related to the 2023 staff reduction.
Word for word“It also included a reduction in staff in 2023 that affected approximately 8 % of employees, mainly in plasma operations in the United States. During the year 2024, the Group have recognized a severance expense of Euros 14,232 thousand (Euros 75,348 thousand during the year 2023).” 20-F for 2024
Our summaryClosed or consolidated underperforming plasma collection centers.
Word for word“closure or consolidation of 18 underperforming plasma collection centers in 2022 and seven in 2023;” 20-F for 2024
Our summaryAs part of its Operational Improvement Plan, the company cut staff in 2023 by about 8% of its workforce, mainly in US plasma operations, and recorded severance expense of €8 million in 2025, €14 million in 2024 and €75 million in 2023.
Word for word“In 2025, we had a severance expense of €8 million (€14 million in 2024 and €75 million in 2023) in relation to these initiatives.” 20-F for 2025
Our summaryThe company recorded reorganization charges tied to the Operational Improvement Plan, mainly severance payments, advisory fees and other reorganization activities.
Word for word“In 2025, 2024 and 2023, we recorded a reorganization impact of €12 million, €36 million and €159 million, respectively, related to the Operational Improvement Plan.” 20-F for 2025
Grifols 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 Grifols’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 2026-04-17. 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.