Level 3 Parent layoffs, on the record
Every job cut, severance charge and restructuring Level 3 Parent reported in its annual reports, 2023 to 2025, quoted from the filings. Headcount went from approximately 8,000 to approximately 7,600.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2023 | approximately 8,000 | December 31, 2023 |
| 10-K for 2024 | approximately 7,700 | December 31, 2024 |
| 10-K for 2025 | approximately 7,600 | December 31, 2025 |
Job cuts, severance and restructuring
Our summaryReduced the workforce by about 7% in April 2024 as part of a transformation and cost reduction plan.
Word for word“During April 2024, we reduced our workforce by approximately 7 % as a part of our efforts to change our workforce composition to reflect our ongoing transformation and cost reduction opportunities that align with our shapeshifting and focus on our strategic priorities.” 10-K for 2024
Our summaryThe company recorded severance and related costs of about $37 million in the second quarter of 2024 for the April 2024 workforce reduction plan.
Word for word“As a result of this plan, we incurred severance and related costs of approximately $ 37 million during the second quarter of 2024.” 10-K for 2025
Level 3 Parent 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 Level 3 Parent’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 2026-02-20. 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.