Merck layoffs, on the record
Every job cut, severance charge and restructuring Merck reported in its annual reports, 2023 to 2025, quoted from the filings.
Job cuts, severance and restructuring
Our summaryThe filing tags restructuring charges under a 2024 restructuring program, including employee severance and accelerated depreciation amounts recorded in 2023.
Word for word“mrk:RestructuringProgram2024Member us-gaap:EmployeeSeveranceMember 2023-01-01 2023-12-31” 10-K for 2023
Our summaryThe filing tags restructuring charges under a 2019 restructuring program, including employee severance and accelerated depreciation amounts recorded in 2023, 2022 and 2021.
Word for word“mrk:RestructuringProgram2019Member 2023-01-01 2023-12-31” 10-K for 2023
| Fiscal year ended | Restructuring charges | Restructuring costs incurred | Cash paid for restructuring |
|---|---|---|---|
| 2016-12-31 | $651 million | $1.07 billion | $760 million |
| 2017-12-31 | $776 million | $927 million | $722 million |
| 2018-12-31 | $632 million | $658 million | $887 million |
| 2019-12-31 | $626 million | $915 million | $461 million |
| 2020-12-31 | $575 million | $880 million | $779 million |
| 2021-12-31 | $661 million | $868 million | $608 million |
| 2022-12-31 | $337 million | $666 million | $449 million |
| 2023-12-31 | $599 million | $933 million | $410 million |
| 2024-12-31 | $309 million | $888 million | $445 million |
| 2025-12-31 | $889 million | $2.55 billion | — |
Merck filed 3 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 Merck’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.