L3harris Technologies layoffs, on the record
Every job cut, severance charge and restructuring L3harris Technologies reported in its annual reports, 2023 to 2026, quoted from the filings. Headcount went from approximately 50,000 to approximately 45,000.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2023 | approximately 50,000 | December 29, 2023 |
| 10-K for 2025 | approximately 47,000 | January 3, 2025 |
| 10-K for 2026 | approximately 45,000 | January 2, 2026 |
Job cuts, severance and restructuring
Our summaryRestructuring charges were recorded under the LHX NeXt program, which includes one-time costs for workforce optimization.
Word for word“In connection with our LHX NeXt program restructuring activities, we recorded charges of $ 25 million during fiscal 2023, included as a component of the “General and administrative expenses” line item in our Consolidated Statement of Operations.” 10-K for 2023
Our summaryRecorded employee severance charges as part of LHX NeXt implementation costs that increased general and administrative expenses in fiscal 2024.
Word for word“G&A expenses increased $255 million for fiscal 2024 compared with fiscal 2023 primarily due to increases in LHX NeXt implementation costs, including $42 million related to employee severance charges and $110 million for third-party consulting expenses, incremental IT expenses for implementation of new systems and other costs.” 10-K for 2025
| Fiscal year ended | Severance costs | Restructuring charges | Cash paid for restructuring |
|---|---|---|---|
| 2016-07-01 | — | $33 million | — |
| 2018-06-29 | — | $51 million | $47 million |
| 2019-06-28 | — | — | $29 million |
| 2021-01-01 | $0 | $26 million | $54 million |
| 2021-12-31 | $0 | — | — |
| 2022-12-30 | $29 million | — | — |
L3harris Technologies 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 L3harris Technologies’s annual reports (10-K for 2026, 10-K for 2025, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-12. 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.