Herbalife layoffs, on the record
Every job cut, severance charge and restructuring Herbalife reported in its annual reports, 2023 to 2025, quoted from the filings. Headcount went from approximately 9,200 to approximately 8,500.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2023 | approximately 9,200 | December 31, 2023 |
| 10-K for 2024 | approximately 8,600 | As of December 31, 2024 |
| 10-K for 2025 | approximately 8,500 | December 31, 2025 |
Job cuts, severance and restructuring
Our summaryInitiated a Restructuring Program to streamline the organizational structure and bring management closer to markets, distributors and customers, substantially completed by year end.
Word for word“During the first quarter of 2024, we initiated a Restructuring Program to streamline our organizational structure to make it more efficient and effective and to allow our management team to work more closely to the markets, our distributors, and our customers.” 10-K for 2024
Our summaryRestructuring Program expected to deliver annual savings of at least $80 million beginning in 2025, with total expected pre-tax expenses of approximately $74 million.
Word for word“The Restructuring Program is expected to deliver annual savings of at least $80 million beginning in 2025 with at least $50 million of savings already realized during the twelve months ended December 31, 2024.” 10-K for 2024
Our summaryTransformation Program, involving technology investment and realignment of infrastructure and locations of certain functions, was substantially completed.
Word for word“The Transformation Program has been substantially completed as of December 31, 2024, and we do not expect significant expenses or capital expenditures during 2025.” 10-K for 2024
Our summaryThe company started a Restructuring Program in early 2024 to streamline its organization, completed it by the end of 2025, and reported savings and total expenses.
Word for word“We have incurred total pre-tax expenses of approximately $76.1 million from inception through the end of the Restructuring Program, which was completed as of December 31, 2025.” 10-K for 2025
Our summaryThe company recorded Restructuring Program expenses of $7.0 million in 2025 and $69.1 million in 2024 in general and administrative expenses.
Word for word“During the years ended December 31, 2025 and 2024, we incurred $7.0 million and $69.1 million, respectively, of pre-tax expenses which were recognized in general and administrative expenses within the consolidated statement of income.” 10-K for 2025
Our summaryThe company reported 2025 expenses for a Technology Realignment Program, mostly employee retention and separation costs.
Word for word“Net income attributable to Herbalife for the year ended December 31, 2025 included $36.3 million favorable deferred income tax impacts relating to the changes in the Company’s corporate entity structure in 2024, an $11.3 million pre-tax unfavorable impact ($8.5 million post-tax) of Goods and Services Tax (“GST”) transition charge related to the September 2025 GST amendments in India, a $9.1 million pre-tax unfavorable impact ($7.5 million post-tax) of Technology Realignment Program expenses, primarily relating to employee retention and separation costs, a $7.0 million pre-tax unfavorable impact ($5.9 million post-tax) of Restructuring Program expenses, primarily relating to employee retention and separation costs, and a $6.2 million pre-tax unfavorable impact ($5.5 million post-tax) of expenses relating to our new Digital Technology Program focused on enhancing and rebuilding our Member facing technology platform and web-based Member tools.” 10-K for 2025
| Fiscal year ended | Restructuring charges |
|---|---|
| 2024-12-31 | $69.1 million |
| 2025-12-31 | $7 million |
Herbalife 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 Herbalife’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.