Huron Consulting layoffs, on the record
Every job cut, severance charge and restructuring Huron Consulting reported in its annual reports, 2023 to 2025, quoted from the filings. Headcount went from nearly 2,100 to approximately 3,500.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2023 | nearly 2,100 | — |
| 10-K for 2024 | approximately 2,650 | — |
| 10-K for 2025 | approximately 3,500 | — |
Job cuts, severance and restructuring
Our summaryHuron recorded $3.0 million of severance-related restructuring expense from strategic workforce adjustments to better align resources with market demand.
Word for word“Employee costs - We incurred $ 3.0 million of severance-related restructuring expense as a result of strategic workforce adjustments to better align our resources with market demand.” 10-K for 2023
Our summaryHuron exited its office spaces in Hillsboro, Oregon and Lexington, Massachusetts, recording non-cash impairment charges on related lease and fixed assets.
Word for word“During 2023, we exited our office spaces in Hillsboro, Oregon and Lexington, Massachusetts, resulting in non-cash impairment charges of $ 1.9 million and $ 3.5 million , respectively, on the related operating lease ROU assets and fixed assets.” 10-K for 2023
Our summaryHuron recorded further restructuring charges for rent on previously vacated offices and a lease impairment driven by updated sublease assumptions.
Word for word“Additionally, in 2023, we recognized $ 1.8 million for rent and related expenses, net of sublease income, for previously vacated office spaces and $ 0.9 million related to non-cash lease impairment charges driven by updated sublease assumptions for previously vacated office spaces.” 10-K for 2023
Our summaryHuron recorded other restructuring charges, mainly for abandoning a capitalized software development project.
Word for word“Other - We incurred $ 0.5 million of other restructuring charges, which primarily related to the abandonment of a capitalized software development project.” 10-K for 2023
Our summaryHuron recorded 2022 severance-related restructuring expense from strategic workforce adjustments, which is reported as part of its 2022 restructuring charges.
Word for word“Employee costs - We incurred $ 5.7 million of severance-related restructuring expense as a result of strategic workforce adjustments to better align our resources with market demand.” 10-K for 2023
Our summaryHuron recorded severance-related restructuring expense of $2.3 million tied to strategic workforce adjustments to better align resources with market demand.
Word for word“Employee costs - We incurred $ 3.3 million of severance-related restructuring expense, of which $ 2.3 million related to strategic workforce adjustments to better align our resources with market demand and $ 1.0 million related to transaction-related employee payments made in connection with the divestiture of our Studer Education practice.” 10-K for 2024
Our summaryHuron exited office space previously occupied by GG+A and part of its New York office, recording non-cash impairment charges on lease and fixed assets.
Word for word“During 2024, we exited our office space previously occupied by GG+A and a portion of our office space in New York, New York resulting in non-cash impairment charges of $1.4 million and $1.2 million, respectively, on the related right-of-use operating lease assets and fixed assets.” 10-K for 2024
Our summaryHuron exited its remaining Denver, Colorado office space, recording accelerated depreciation and amortization.
Word for word“Additionally, we exited the remaining portion of our office space in Denver, Colorado resulting in $0.5 million of accelerated depreciation and amortization on the related fixed assets and right-of-use operating lease assets we abandoned.” 10-K for 2024
Our summaryHuron recorded rent expense, net of sublease income, for previously vacated office spaces and a non-cash lease impairment tied to updated sublease assumptions.
Word for word“Restructuring charges incurred in 2024 also included $2.3 million of severance-related expenses unrelated to the divestiture; $2.3 million of rent and related expenses, net of sublease income, for previously vacated office spaces; and $0.8 million related to non-cash lease impairment charges driven by updated sublease assumptions for our previously vacated office spaces.” 10-K for 2024
Our summaryHuron exited its Hillsboro, Oregon and Lexington, Massachusetts offices, recording non-cash impairment charges, and recorded severance-related expenses in 2023.
Word for word“During 2023, we exited our office spaces in Hillsboro, Oregon and Lexington, Massachusetts, resulting in non-cash impairment charges of $1.9 million and $3.5 million, respectively, on the related right-of-use operating lease assets and fixed assets.” 10-K for 2024
Our summaryHuron recorded 2023 restructuring charges including severance-related expenses, rent for vacated offices, lease impairments and abandonment of a capitalized software project.
Word for word“Additionally, restructuring charges incurred in 2023 included $3.0 million of severance-related expenses; $1.8 million for rent and related expenses, net of sublease income, for previously vacated office spaces; $0.9 million related to non-cash lease impairment charges driven by updated sublease assumptions for previously vacated office spaces; and $0.3 million related to the abandonment of a capitalized software development project.” 10-K for 2024
Our summaryHuron recorded 2025 restructuring charges mainly for severance, rent on vacated offices, accelerated depreciation on abandoned offices in Pensacola and Boston, and a lease impairment.
Word for word“The $9.1 million of restructuring charges recognized in 2025 primarily consisted of $3.8 million of severance-related expenses; $3.1 million of rent and related expenses, net of sublease income, for our previously vacated office spaces; $1.4 million of accelerated depreciation and amortization on the related fixed assets and right-of-use operating lease assets recognized when we abandoned our office spaces in Pensacola, Florida and Boston, Massachusetts; and a $0.7 million non-cash lease impairment charge driven by updated sublease assumptions for a previously vacated office space.” 10-K for 2025
Our summaryHuron incurred restructuring charges in 2024 from selling its Studer Education practice, covering employee payments and advisory fees.
Word for word“Furthermore, in the fourth quarter of 2024, we completed the divestiture of our Studer Education practice and incurred $1.3 million of restructuring charges, consisting of $1.0 million of transaction-related employee payments and $0.3 million of third-party legal and professional advisory fees.” 10-K for 2025
| Fiscal year ended | Restructuring charges | Cash paid for restructuring |
|---|---|---|
| 2016-12-31 | $9.6 million | $8.8 million |
| 2017-12-31 | $6.2 million | $10.5 million |
| 2018-12-31 | $3.7 million | $6.4 million |
| 2019-12-31 | $1.9 million | $1.4 million |
| 2020-12-31 | $20.5 million | $3.3 million |
| 2021-12-31 | $12.4 million | $11.6 million |
| 2022-12-31 | $9.9 million | $4.1 million |
| 2023-12-31 | $11.6 million | $5.5 million |
| 2024-12-31 | $9.9 million | $3.9 million |
| 2025-12-31 | $9.1 million | $2.6 million |
Huron Consulting 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 Huron Consulting’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 2026-02-24. 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.