On the Record · McKesson
McKesson layoffs, on the record
Every job cut, severance charge and restructuring McKesson reported in its annual reports, 2023 to 2026, quoted from the filings.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2026 | more than 43,000 | As of March 31, 2026 |
Job cuts, severance and restructuring
Our summaryMcKesson recorded restructuring charges in fiscal 2026 for an enterprise-wide initiative to drive operational efficiencies.
Word for word“For the year ended March 31, 2026, we recorded restructuring charges of $170 million related to an enterprise-wide initiative to drive operational efficiencies as further described in the “Restructuring Initiatives” section of “Overview of Consolidated Results” below;” 10-K for 2026
| Fiscal year ended | Severance costs | Restructuring charges | Restructuring costs incurred | Cash paid for restructuring |
|---|---|---|---|---|
| 2017-03-31 | — | $14 million | — | $106 million |
| 2018-03-31 | — | $13 million | $567 million | $45 million |
| 2019-03-31 | $154 million | $352 million | $597 million | — |
| 2020-03-31 | $47 million | $156 million | $268 million | $148 million |
| 2021-03-31 | $104 million | $219 million | $334 million | $159 million |
| 2022-03-31 | $9 million | $245 million | — | $87 million |
| 2023-03-31 | $35 million | $209 million | — | $115 million |
| 2024-03-31 | $10 million | $115 million | — | $105 million |
| 2025-03-31 | $138 million | $344 million | — | $164 million |
| 2026-03-31 | $25 million | $245 million | — | $299 million |
McKesson filed 2 restructuring notices (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 McKesson’s annual reports (10-K for 2026, 10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-05-08. 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.