Klaviyo layoffs, on the record
Every job cut, severance charge and restructuring Klaviyo reported in its annual reports, 2023 to 2025, quoted from the filings. Headcount went from 1,815 to 2,368.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2023 | 1,815 | December 31, 2023 |
| 10-K for 2024 | 2,182 | December 31, 2024 |
| 10-K for 2025 | 2,368 | December 31, 2025 |
Job cuts, severance and restructuring
Our summaryAnnounced a reduction-in-force affecting about 8% of its global workforce.
Word for word“We have previously undertaken efforts to streamline our operations and improve cost efficiencies to align with our priorities for 2023, and in March 2023 we announced a reduction-in-force affecting approximately 8% of our global workforce.” 10-K for 2023
Our summaryAnnounced a workforce reduction that terminated about 8% of full-time workforce, including modification of stock options and RSUs for terminated employees.
Word for word“On March 15, 2023, the Company announced a reduction in workforce that resulted in the termination of approximately 8 % of the Company's full-time workforce ( 130 employees).” 10-K for 2023
Our summaryAnnounced a restructuring plan to improve operational efficiencies; costs consisted mainly of employee severance and related benefits plus stock-based compensation from option modifications, totaling $7,877 thousand in 2023.
Word for word“Restructuring costs included in the Consolidated Statements of Operations and Comprehensive Loss is as follows (in thousands): Year ended, December 31, 2023 Cost of revenue $ 1,138 Selling and marketing 1,832 Research and development 3,375 General and administrative 1,532 Total $ 7,877.” 10-K for 2023
Our summaryRecorded restructuring expenses within selling and marketing expense in the first quarter of 2023.
Word for word“The increase was offset by a decrease of approximately $5.7 million due to a reduction in marketing professional services.” 10-K for 2023
Our summaryRecorded restructuring expenses within research and development expense in the first quarter of 2023.
Word for word“$3.0 million in technology expenses, and $2.5 million due to restructuring expenses incurred in the first quarter of 2023.” 10-K for 2023
Our summaryKlaviyo recorded restructuring costs in 2025 and 2023, and the restructuring plans in those years cut about 3% and 8% of its full-time workforce.
Word for word“During the years ended December 31, 2025 and 2023, the Company recorded $ 4.2 million and $ 7.9 million, respectively, of restructuring costs .” 10-K for 2025
Our summaryKlaviyo reported severance expense tied to restructuring that increased its 2025 research and development costs.
Word for word“This increase was primarily due to increases of approximately $22.6 million in salaries and related personnel expenses as a result of increased headcount, $17.5 million in stock-based compensation expense from the vesting of RSUs, $8.8 million in technology expenses, and $4.8 million in severance expense primarily related to restructuring costs.” 10-K for 2025
| Fiscal year ended | Restructuring charges |
|---|---|
| 2023-12-31 | $7.9 million |
| 2024-12-31 | $0 |
| 2025-12-31 | $4.2 million |
Klaviyo 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 Klaviyo’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 2026-02-10. 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.