Kyivstar Group layoffs, on the record
Every job cut, severance charge and restructuring Kyivstar Group reported in its annual reports, 2025, quoted from the filings.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 20-F for 2025 | over 5,000 | December 31, 2025 |
Job cuts, severance and restructuring
Our summaryThe company restructured intercompany loans between Kyivstar Holdings and VEON Amsterdam B.V., transferring them to VEON entities outside the Kyivstar Group in connection with the Demerger.
Word for word“The decrease in working capital was primarily attributable to a reduction of current assets, including related party receivables resulting from the restructuring of intercompany loans between Kyivstar Holdings (formerly VEON Holdings B.V.) and VEON Amsterdam B.V., which were transferred to VEON entities outside of the Kyivstar Group in connection with the Demerger completed during 2025; reduction in cash and cash equivalents, that was mainly driven by the acquisitions of Uklon and SUNVIN 11 LLC as well as increasing our ownership stake in Helsi.” 20-F for 2025
Kyivstar Group 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 Kyivstar Group’s annual reports (20-F for 2025, 20-F for 2025) and the financial data it files with the SEC, as of 2026-03-16. 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.