Huntington Bancshares layoffs, on the record
Every job cut, severance charge and restructuring Huntington Bancshares reported in its annual reports, 2023 to 2025, quoted from the filings. Headcount went from 19,955 to 19,932.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2023 | 19,955 | — |
| 10-K for 2024 | 19,932 | — |
Job cuts, severance and restructuring
Our summaryPersonnel costs rose, partially offset by lower severance expense tied to staffing efficiencies; the filing reports a decrease in severance expense.
Word for word“Partially offsetting these decreases, personnel costs increased $172 million, or 7%, primarily due to increases in salary, incentive compensation, and benefit expense, partially offset by a $33 million decrease in severance expense related to staffing efficiencies.” 10-K for 2024
Our summaryHuntington reported acquisition-related expenses tied to the Veritex acquisition, which included severance costs among other items.
Word for word“Pro forma combined results for the year ended December 31, 2025 include $ 125 million of Huntington acquisition-related expenses attributable to the Veritex acquisition, which primarily included, but were not limited to, severance costs, professional services, and data processing fees.” 10-K for 2025
Huntington Bancshares 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 Huntington Bancshares’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 2026-02-13. 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.