Life Time Group Holdings layoffs, on the record
Every job cut, severance charge and restructuring Life Time Group Holdings reported in its annual reports, 2023 to 2025, quoted from the filings. Headcount went from over 37,000 to over 44,000.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2023 | over 37,000 | December 31, 2023 |
| 10-K for 2024 | over 42,000 | December 31, 2024 |
| 10-K for 2025 | over 44,000 | December 31, 2025 |
Job cuts, severance and restructuring
Our summaryThe company recorded executive level severance as an adjustment item in its 2023 non-GAAP reconciliation.
Word for word“(h) Includes (i) (gain) loss on sales of land of $(5.0) million and $0.4 million for the years ended December 31, 2024 and 2023, respectively, (ii) gain on sales of the Company’s triathlons and certain other assets of $(4.9) million for the year ended December 31, 2023, (iii) executive level severance of $0.5 million for the year ended December 31, 2023, and (iv) other immaterial transactions that are unusual or non-recurring in nature of $(0.3) million for the year ended December 31, 2023.” 10-K for 2025
Life Time Group 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 Life Time Group Holdings’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 2026-02-24. 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.