Leidos Holdings layoffs, on the record
Every job cut, severance charge and restructuring Leidos Holdings reported in its annual reports, 2023 to 2026, quoted from the filings. Headcount went from approximately 47,000 to approximately 47,000.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2023 | approximately 47,000 | December 29, 2023 |
| 10-K for 2025 | 48,000 | January 3, 2025 |
| 10-K for 2026 | approximately 47,000 | As of January 2, 2026 |
Job cuts, severance and restructuring
Our summaryCivil segment operating loss included restructuring charges of $10 million, along with a net increase in impairment charges of $665 million.
Word for word“The decrease in operating income for fiscal 2023 as compared to fiscal 2022 was primarily attributable to a net increase in impairment charges of $665 million, restructuring charges of $10 million and higher margin offerings on certain programs in the prior year.” 10-K for 2023
Our summaryCorporate operating loss rose due to higher legal costs and increased expenses in integration and restructuring activities.
Word for word“The increase in operating loss for fiscal 2023 as compared to fiscal 2022 was primarily attributable to higher legal costs, increased expenses in integration and restructuring activities, partially offset by the impact of foreign payroll tax reserves.” 10-K for 2023
Our summaryCompany disclosed its accounting policy for restructuring programs, which may include employee severance benefits, and recorded acquisition, integration and restructuring costs of $24 million in fiscal 2023.
Word for word“Restructuring costs may include employee severance benefits, costs to terminate contracts and other permanent exit costs to consolidate or close facilities directly related to the restructuring program.” 10-K for 2023
Our summaryImpairment and restructuring charges at the SES reporting unit were recorded, the main driver of lower operating income in fiscal 2023.
Word for word“Operating income was $621 million, a $467 million decrease compared to fiscal 2022.” 10-K for 2025
Our summaryAcquisition, integration and restructuring costs were reported in the consolidated statements of operations.
Word for word“Acquisition, integration and restructuring costs 16 24 17 (33) % 41 %” 10-K for 2025
Our summaryIn fiscal 2023, the Security Enterprise Solutions unit restructured its product portfolio by dropping some product offerings and stopping operations in certain countries.
Word for word“In fiscal 2023, SES restructured its portfolio by discontinuing select product offerings and ceasing operations in certain countries to better align with its strategic plan.” 10-K for 2026
Leidos Holdings 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 Leidos Holdings’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 2026-02-17. 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.