Hologic layoffs, on the record
Every job cut, severance charge and restructuring Hologic reported in its annual reports, 2023 to 2025, quoted from the filings. Headcount went from 6,990 to 7,070.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2023 | 6,990 | As of September 30, 2023 |
| 10-K for 2024 | 7,063 | As of September 28, 2024 |
| 10-K for 2025 | 7,070 | September 27, 2025 |
Job cuts, severance and restructuring
Our summaryHologic recorded fiscal 2023 restructuring charges, mainly workforce reductions, under various cost reduction initiatives, primarily severance benefits.
Word for word“As a result, we recorded charges of $12.0 million in fiscal 2023 and $2.4 million in fiscal 2022, primarily related to severance benefits.” 10-K for 2023
Our summaryThe restructuring table shows fiscal 2023 charges for workforce reductions across the fiscal 2023 and fiscal 2022 actions, with severance payments made during the year.
Word for word“Fiscal 2023 charges: Workforce reductions $ 5.5 $ 6.0 $ — $ — $ 11.5 Other costs — 0.5 — — 0.5 Fiscal 2023 restructuring charges $ 5.5 $ 6.5 $ — $ — $ 12.0 F-30 Table of Contents Fiscal 2023 Actions Fiscal 2022 Actions Fiscal 2021 Actions Previous Other Charges Total Rollforward of Accrued Restructuring Balance as of September 26, 2020 $ — $ — $ — $ 4.5 $ 4.5 Fiscal 2021 restructuring charges $ — $ — $ 8.7 $ 0.6 $ 9.3 Stock-based compensation — — ( 0.9 ) — ( 0.9 ) Severance payments and adjustments — — ( 4.6 ) ( 4.2 ) ( 8.8 ) Balance as of September 25, 2021 $ — $ — $ 3.2 $ 0.9 $ 4.1 Fiscal 2022 restructuring charges $ — $ 3.1 $ ( 0.3 ) $ ( 0.4 ) $ 2.4 Severance payments and adjustments — ( 0.4 ) ( 2.5 ) ( 0.5 ) ( 3.4 ) Balance as of September 24, 2022 $ — $ 2.7 $ 0.4 $ — $ 3.1 Fiscal 2023 restructuring charges $ 5.5 $ 6.5 $ — $ — $ 12.0 Severance payments and adjustments ( 3.2 ) ( 2.5 ) ( 0.4 ) — ( 6.1 ) Balance as of September 30, 2023 $ 2.3 $ 6.7 $ — $ — $ 9.0 Fiscal 2023 and 2022 A” 10-K for 2023
Our summaryHologic recorded restructuring charges for cost reduction initiatives, with fiscal 2024 restructuring charges of $41.1 million on the income statement.
Word for word“Restructuring charges 41.1 1.0 % 12.0 0.3 % 29.1 242.5 % $ 1,345.2 33.3 % $ 1,403.1 34.8 % $ (57.9) (4.1) % ** Percentage not meaningful Research and Development Expenses.” 10-K for 2024
Our summaryHologic decided to close facilities in Finland and France and move development activities and operations to its San Diego, California location, recording impairment, accelerated depreciation and severance.
Word for word“This decision resulted in the closure of facilities in Finland and France and moving the development activities and operations to our San Diego, California location.” 10-K for 2024
Our summaryHologic undertook various restructuring actions, including workforce reductions, tracked by fiscal year action, with a rollforward of charges to accrued balances as of September 28, 2024.
Word for word“The following table displays charges taken related to restructuring actions in fiscal 2024, 2023 and 2022 and a rollforward of the charges to the accrued balances as of September 28, 2024: Fiscal 2024 Actions Fiscal 2023 Actions Fiscal 2022 Actions Other Total Restructuring Charges Fiscal 2022 charges: Workforce reductions $ — $ — $ 2.6 $ ( 0.7 ) $ 1.9 Facility closure costs” 10-K for 2024
Our summaryDecided to shut down manufacturing at the Manchester, England site and terminate its manufacturing employees in phases.
Word for word“In connection with this plan, the Company will terminate the manufacturing employees at the Manchester location, totaling 139 , in phases.” 10-K for 2025
Our summaryReorganized and cut costs in China, terminating employees mainly in sales.
Word for word“During the third quarter of fiscal 2025, the Company decided to reorganize and reduce costs in China resulting in the termination of 89 employees, primarily in sales, across various divisions.” 10-K for 2025
Our summaryReorganized certain U.S. departments and cut costs, terminating employees in Breast Health, Surgical and Corporate functions.
Word for word“During the second quarter of fiscal 2025, the Company decided to reorganize certain departments and reduce costs resulting in the termination of 50 employees in the Breast Health and Surgical divisions and Corporate functions in the U.S. across multiple departments.” 10-K for 2025
Our summaryMade cost-containment decisions in fiscal 2024 that ended about 34 jobs in Breast Health and Diagnostics.
Word for word“During fiscal 2024, the Company made various decisions to contain costs and to terminate approximately 34 employees primarily in Breast Health and Diagnostics, within sales, marketing and research and development.” 10-K for 2025
| Fiscal year ended | Severance costs | Restructuring charges |
|---|---|---|
| 2016-09-24 | — | $10.5 million |
| 2017-09-30 | — | $13.3 million |
| 2018-09-29 | $9 million | $14.2 million |
| 2019-09-28 | $4 million | $6.6 million |
| 2020-09-26 | $13.4 million | $15.3 million |
| 2021-09-25 | $13.4 million | $9.3 million |
| 2022-09-24 | — | $2.4 million |
| 2023-09-30 | — | $12 million |
| 2024-09-28 | — | $41.1 million |
| 2025-09-27 | — | $28.6 million |
Hologic 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 Hologic’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 2025-11-18. 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.