Jack Henry & Associates layoffs, on the record
Every job cut, severance charge and restructuring Jack Henry & Associates reported in its annual reports, 2024 to 2026, quoted from the filings. Headcount went from approximately 7,240 to approximately 7,300.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2025 | approximately 7,240 | — |
| 10-K for 2026 | approximately 7,300 | — |
Job cuts, severance and restructuring
Our summaryThe company incurred VEDIP program expenses, which were one-time severance costs, in the prior fiscal year.
Word for word“Reducing total selling, general, and administrative expense for deconversion costs from each year, which totaled $2,725 in fiscal 2025 and $1,177 in fiscal 2024 and VEDIP program expenses of $16,443 in the prior fiscal year, results in a 7.5% increase.” 10-K for 2025
Our summarySeverance expenses related to VEDIP decreased from fiscal 2024 to fiscal 2025, which helped increase diluted earnings per share.
Word for word“This increase was primarily due to organic growth in our lines of revenue and the decrease in one-time severance expenses related to VEDIP fiscal year over fiscal year, partially offset by higher operating expenses in fiscal 2025 compared to fiscal 2024 .” 10-K for 2025
Jack Henry & Associates 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 Jack Henry & Associates’s annual reports (10-K for 2026, 10-K for 2025, 10-K for 2024) and the financial data it files with the SEC, as of 2026-08-28. 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.