Maxlinear layoffs, on the record
Every job cut, severance charge and restructuring Maxlinear reported in its annual reports, 2023 to 2025, quoted from the filings.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2023 | 1,759 | December 31, 2023 |
| 10-K for 2024 | 1,294 | As of December 31, 2024 |
| 10-K for 2025 | 1,115 full-time employees | December 31, 2025 |
Job cuts, severance and restructuring
Our summaryInitiated a reduction of its workforce to align operations with macroeconomic conditions and demand.
Word for word“Further, the impact of excess inventory in the channel has continued to influence our customers’ expected demand for some of our products.” 10-K for 2023
Our summaryImplemented workforce reductions in March and October 2023, with layoffs affecting employees whose positions were eliminated.
Word for word“In March and October 2023, we initiated reductions of our workforce to align our operational needs with the changes in macroeconomic conditions and the demand environment.” 10-K for 2023
Our summaryEntered into two restructuring plans to reduce the workforce, incurring restructuring costs mainly for severance, and expects further restructuring costs in 2024.
Word for word“As a result of the Workforce Reductions, in the year ended December 31, 2023, we incurred $19.8 million in restructuring costs primarily related to severance costs and related expenses, and estimate that we will incur approximately $30 million to $40 million in restructuring costs in 2024 upon notice to the remaining affected employees of the Workforce Reductions.” 10-K for 2023
Our summaryRecorded employee severance-related charges and other charges tied to the workforce reductions, including abandonment of design software licenses used by terminated staff.
Word for word“Restructuring charges for the year ended December 31, 2023 included $17.9 million in employee severance-related charges related to reductions in our workforce and $1.8 million in other charges driven by the abandonment of certain computer-assisted design software licenses used by the terminated workforce.” 10-K for 2023
Our summaryMade severance and related payments from the workforce reductions, reducing operating cash flow.
Word for word“Operating cash flows were also impacted by changes in our working capital, which decreased $101.4 million, in particular, in 2023 we made $104.2 million in payments against our price protection liability and $11.8 million in severance and related payments from our workforce reductions.” 10-K for 2023
Our summaryCompany completed a 2024 workforce reduction plan, initiated in July 2024, incurring restructuring costs including severance.
Word for word“In July 2024, the Company initiated a reduction of its workforce, or the 2024 Workforce Reduction.” 10-K for 2024
Our summaryCompany completed notifications to remaining affected employees under the 2023 Workforce Reductions and incurred further restructuring costs, mainly severance.
Word for word“In the year ended December 31, 2024, the Company completed notification to remaining affected employees of the 2023 Workforce Reductions, and incurred $ 23.5 million in restructuring costs, including $ 19.8 million in severance and related costs, or a cumulative total of $ 43.3 million pertaining to the 2023 Workforce Reductions.” 10-K for 2024
Our summaryCompany completed plans of restructuring to reduce its workforce, the Workforce Reductions, during 2024, with total restructuring costs of $53.4 million across 2024.
Word for word“As a result of the Workforce Reductions, in the year ended December 31, 2024 and 2023, we incurred $53.4 million and $19.8 million in restructuring costs.” 10-K for 2024
Our summaryRestructuring charges for 2024 included employee severance-related charges, contract charges for cancelled projects, and charges for reduction of leased office space.
Word for word“Restructuring charges for the year ended December 31, 2024 included $28.9 million in employee severance-related charges, $17.2 million in charges under contracts associated with cancelled projects and related impairment of assets, and $7.2 million in charges related to reduction of space leased for office facilities.” 10-K for 2024
Our summaryCompany recorded restructuring charges in 2023 from workforce reductions, including severance and abandonment of software licenses.
Word for word“Restructuring charges in the year ended December 31, 2023 included $17.9 million in employee severance-related charges and $1.8 million in other charges driven by the abandonment of certain computer-assisted design software licenses used by the terminated workforce.” 10-K for 2024
Our summaryCompany paid severance and other payments from the Workforce Reductions in 2024.
Word for word“in particular, in 2024, we collected accounts receivable of $177.6 million, which was partially offset by payments against our price protection liability of $44.6 million and severance and other payments from the Workforce Reductions of $34.5 million.” 10-K for 2024
Our summaryIn 2025 the company recorded restructuring costs made up of charges for CAD software license contracts it stopped using, severance, and facility exit costs tied to a workforce reduction.
Word for word“In the year ended December 31, 2025, the Company incurred $ 24.5 million in restructuring costs, which included $ 17.1 million in charges under contracts associated with computer-assisted design tool licenses, which the Company ceased using during the period, plus $ 6.9 million in severance costs and related expenses and $ 0.4 million from exiting facilities, in connection with a workforce reduction.” 10-K for 2025
Our summaryThe company started a workforce reduction in July 2024 and recorded related restructuring costs that year.
Word for word“In the year ended December 31, 2024, the Company incurred $ 29.9 million in restructuring costs pertaining to the 2024 Workforce Reduction, which included $ 16.5 million in charges under contracts associated with cancelled projects and related impairment of assets, $ 9.1 million in severance costs and related expenses, and $ 4.3 million from exiting facilities.” 10-K for 2025
| Fiscal year ended | Restructuring charges | Cash paid for restructuring |
|---|---|---|
| 2016-12-31 | $3.4 million | $6.4 million |
| 2017-12-31 | $9.5 million | $6 million |
| 2018-12-31 | $3.8 million | $4 million |
| 2019-12-31 | $2.6 million | $3.4 million |
| 2020-12-31 | $3.8 million | $2.5 million |
| 2021-12-31 | $2.2 million | $2.2 million |
| 2022-12-31 | $2.3 million | $1.1 million |
| 2023-12-31 | $19.8 million | $11.8 million |
| 2024-12-31 | $53.4 million | $34.5 million |
| 2025-12-31 | $24.5 million | $13.9 million |
Maxlinear 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 Maxlinear’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 2026-01-29. 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.