Immersion layoffs, on the record
Every job cut, severance charge and restructuring Immersion reported in its annual reports, 2023 to 2026, quoted from the filings.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2026 | approximately 3,613 domestic employees | April 30, 2026 |
Job cuts, severance and restructuring
Our summaryThe filing says the outbreak of COVID-19 resulted in a significant number of layoffs or furloughs of employees across the countries where the company operates.
Word for word“The outbreak resulted in governments around the world repeatedly implementing stringent measures to help control the spread of the virus, including quarantines, travel restrictions, business curtailments, school closures, and other measures, which has resulted in a significant number of layoffs or furloughs of employees, and/or other negative economic conditions in many of the countries in which we operate.” 10-K for 2023
Our summaryThe filing reports that general and administrative expenses rose in 2023, driven partly by higher severance costs.
Word for word“The increase in compensation, benefits, and other personnel related costs in 2023 compared to 2022 were largely driven by increases in variable compensation and severance costs.” 10-K for 2023
Our summaryThe company disclosed a mutual separation and release agreement with Aaron Akerman, filed as an exhibit.
Word for word“21.1 Subsidiaries of Immersion Corporation.” 10-K for 2023
Our summaryBarnes & Noble Education recorded restructuring and other charges (credits) in the fiscal year ended April 30, 2025, a net credit shown on the consolidated statement of operations.
Word for word“Restructuring and other charges (credits) (1,351 ) — — 287,924 — — Total operating expenses 313,681 29,749 15,992 Operating Income (Loss) 118,020 16,033 17,927 Interest and other income (expense), net 15,533 8,543 24,988 Interest expense 14,261 — — Income (Loss) Before Income Taxes 119,292 24,576 42,915 Income tax benefit (expense) (25,710 ) (6,799 ) (8,939 ) Net Income (Loss) $ 93,582 $ 17,777 $ 33,976 45 Immersion” 10-K for 2025
| Fiscal year ended | Severance costs | Restructuring charges |
|---|---|---|
| 2016-12-31 | — | $0 |
| 2017-12-31 | — | $1.6 million |
| 2020-12-31 | $500,000 | — |
| 2021-12-31 | $500,000 | — |
Immersion 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 Immersion’s annual reports (10-K for 2026, 10-K for 2025, 10-K for 2023) and the financial data it files with the SEC, as of 2026-07-24. 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.