Idex layoffs, on the record
Every job cut, severance charge and restructuring Idex reported in its annual reports, 2023 to 2025, quoted from the filings. Headcount went from approximately 9,000 to approximately 8,700.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2024 | approximately 9,000 | December 31, 2024 |
| 10-K for 2025 | approximately 8,700 | December 31, 2025 |
Job cuts, severance and restructuring
Our summaryThe company reported restructuring expenses and asset impairments of $9.3 million in 2024, mainly lower severance costs tied to cost mitigation efforts from market conditions.
Word for word“Restructuring expenses and asset impairments decreased primarily due to lower severance costs.” 10-K for 2024
Our summaryThe company took restructuring actions in 2025, mainly severance, as it reorganized to connect scalable groups of businesses, which reduced headcount.
Word for word“Severance costs in 2025 were incurred in conjunction with organizational changes, primarily designed to connect scalable groups of businesses, which resulted in a reduction of headcount.” 10-K for 2025
Our summaryThe company eliminated certain management layers in select areas as part of its organizational changes.
Word for word“Additionally, the Company eliminated certain 25 Table of Contents management layers in select areas.” 10-K for 2025
| Fiscal year ended | Restructuring charges |
|---|---|
| 2016-12-31 | $3.7 million |
| 2017-12-31 | $8.5 million |
| 2018-12-31 | $12.1 million |
| 2019-12-31 | $21 million |
| 2020-12-31 | $8.8 million |
| 2021-12-31 | $8.5 million |
| 2022-12-31 | $5.4 million |
| 2023-12-31 | $10.1 million |
| 2024-12-31 | $9.2 million |
| 2025-12-31 | $19.9 million |
Idex 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 Idex’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 2026-02-19. 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.