Kemper layoffs, on the record
Every job cut, severance charge and restructuring Kemper reported in its annual reports, 2023 to 2025, quoted from the filings. Headcount went from approximately 7,400 to approximately 7,400.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2024 | approximately 7,400 | — |
| 10-K for 2025 | approximately 7,400 | As of December 31, 2025 |
Job cuts, severance and restructuring
Our summaryKemper recorded accrued severance expenses, mostly tied to its decision to run off and exit the Preferred Insurance business.
Word for word“The increase in Acquisition and Disposition Related Transaction, Integration, Restructuring and Other Costs included $28.6 million of higher integration related expenses due to continued investments in information technology, $14.8 million of real estate exit costs related to the impairment of the Company's corporate office lease in Chicago, Illinois, and $6.4 million of accrued severance expenses, mostly associated with the decision to run-off and exit the Preferred Insurance business.” 10-K for 2023
Our summaryKemper incurred restructuring and other costs under multi-year cost structure optimization initiatives, which increased in 2023.
Word for word“Net Loss attributable to Kemper Corporation decreased by $14.5 million in 2023, compared to 2022, due primarily to lower Adjusted Consolidated Net Operating Losses and favorable changes in the Change in Fair Value of Equity and Convertible Securities.” 10-K for 2023
Our summaryKemper settled its pension obligations, recording a noncash charge.
Word for word“Other Expenses increased by $110.3 million in 2023, compared to 2022, and included a $70.2 million noncash charge related to the settlement of the Company's pension obligations.” 10-K for 2023
Our summaryThe company reports accrued severance of $9.9 million within its 2023 acquisition, disposition, integration and restructuring costs, which included real estate exit costs and integration expenses from a cost structure optimization effort.
Word for word“These expenses for the year ended December 31, 2023 included $60.4 million of integration expenses due to continued investments in information technology, $34.6 million of real estate exit costs resulting from impairments on operating leases and real estate owned and $9.9 million of accrued severance.” 10-K for 2024
Our summaryThe company notes lower restructuring costs in 2024 from the completion of strategic initiatives and from the 2023 cost structure optimization initiatives.
Word for word“Net Income (Loss) attributable to Kemper Corporation increased by $589.9 million in 2024, compared to 2023, due primarily to higher Adjusted Consolidated Net Operating Income and lower Acquisition and Disposition Related Transaction, Integration, Restructuring and Other Costs from the completion of certain strategic initiatives and lower costs in connection with the 2023 cost structure optimization initiatives.” 10-K for 2024
Our summaryThe company launched a restructuring program to achieve operational and organizational efficiencies and will keep looking for more efficiency opportunities through 2027.
Word for word“In the third quarter of 2025, a restructuring program was launched to achieve operational and organizational efficiencies.” 10-K for 2025
Our summaryThe company recorded restructuring charges in 2025 for operational and organizational efficiencies, along with integration expenses for IT investments.
Word for word“Acquisition and Disposition Related Transaction, Integration, Restructuring and Other Costs for the year ended December 31, 2025 included $17.4 million of integration expenses related to continued investments in information technology and $20.6 million of restructuring charges to achieve operational and organizational efficiencies.” 10-K for 2025
Kemper 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 Kemper’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 2026-02-11. 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.