Invesco layoffs, on the record
Every job cut, severance charge and restructuring Invesco reported in its annual reports, 2023 to 2025, quoted from the filings. Headcount went from 8,489 to 7,499.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2023 | 8,489 | December 31, 2023 |
| 10-K for 2024 | 8,508 | As of December 31, 2024 |
| 10-K for 2025 | 7,499 | December 31, 2025 |
Job cuts, severance and restructuring
Our summaryThe company recorded restructuring costs tied to its strategic evaluation, mainly compensation-related, recorded in transaction, integration and restructuring expense.
Word for word“Restructuring costs were $44.3 million for the year ended December 31, 2023 (year ended December 31, 2022: $64.8 million).” 10-K for 2023
Our summaryInvesco completed a strategic evaluation in the first quarter of 2023, which included restructuring costs recorded as transaction, integration and restructuring charges; no such charges were recorded in 2024.
Word for word“Transaction, integration and restructuring charges were primarily restructuring costs relating to our strategic evaluation which we completed in the first quarter of 2023.” 10-K for 2024
Our summaryInvesco recorded severance expense tied to reorganizing its fundamental equities investment teams, and excluded it from adjusted results.
Word for word“(8) Severance: In the second quarter of 2025, the company removed the severance expense related to the reorganization of its fundamental equities investment teams.” 10-K for 2025
Our summaryInvesco reported severance expense from the reorganization of its fundamental equities investment teams as a partial offset to the decrease in employee compensation.
Word for word“The decrease was also offset by higher benefits and payroll taxes of $22.0 million and $16.9 million of severance expense related to the reorganization of the fundamental equities investment teams.” 10-K for 2025
| Fiscal year ended | Restructuring charges | Restructuring costs incurred | Cash paid for restructuring |
|---|---|---|---|
| 2016-12-31 | $49.9 million | — | — |
| 2017-12-31 | $58 million | — | — |
| 2020-12-31 | $119 million | $119 million | — |
| 2021-12-31 | $78 million | $100.5 million | $87.7 million |
| 2022-12-31 | $13.9 million | $41 million | $41.6 million |
| 2023-12-31 | $29.7 million | $44.3 million | $36.8 million |
Invesco 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 Invesco’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.