Kyndryl Holdings layoffs, on the record
Every job cut, severance charge and restructuring Kyndryl Holdings reported in its annual reports, 2024 to 2026, quoted from the filings. Headcount went from approximately 80,000 to approximately 72,000.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2024 | approximately 80,000 | March 31, 2024 |
| 10-K for 2025 | approximately 73,000 | March 31, 2025 |
| 10-K for 2026 | approximately 72,000 | As of March 31, 2026 |
Job cuts, severance and restructuring
Our summaryThe company approved workforce rebalancing actions to streamline operations for fiscal 2027 and expects about $200 million in charges, mainly severance and related benefits.
Word for word“As a result of these actions, the Company expects to incur workforce rebalancing charges of approximately $200 million, primarily consisting of future cash expenditures for severance and related benefits.” 10-K for 2026
| Fiscal year ended | Restructuring charges | Cash paid for restructuring |
|---|---|---|
| 2019-12-31 | $159 million | — |
| 2020-12-31 | $918 million | — |
| 2021-12-31 | $39 million | — |
| 2023-03-31 | $135 million | $1 million |
| 2024-03-31 | $174 million | $168 million |
| 2025-03-31 | $162 million | — |
| 2026-03-31 | $60 million | — |
Kyndryl Holdings filed 1 restructuring notice (Form 8-K, Item 2.05) since 2016. This page shows what the company reported to the SEC, not news reports or state layoff notices.
Read from Kyndryl Holdings’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 2026-05-29. 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.