Micron Technology layoffs, on the record
Every job cut, severance charge and restructuring Micron Technology reported in its annual reports, 2024 to 2026, quoted from the filings. Headcount went from approximately 48,000 to approximately 61,000.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2024 | approximately 48,000 | August 29, 2024 |
| 10-K for 2025 | approximately 53,000 | August 28, 2025 |
| 10-K for 2026 | approximately 61,000 | September 3, 2026 |
Job cuts, severance and restructuring
Our summaryUnder the 2023 Restructure Plan, the company reduced its headcount through voluntary attrition and personnel reductions.
Word for word“Under the 2023 Restructure Plan, we reduced our headcount by approximately 15% by the end of calendar 2023, through a combination of voluntary attrition and personnel reductions.” 10-K for 2024
Our summaryThe company recorded restructure charges in 2023 primarily related to employee severance costs under the 2023 Restructure Plan.
Word for word“We incurred restructure charges of $171 million in 2023 primarily related to employee severance costs.” 10-K for 2024
Our summaryThe 2023 Restructure Plan was launched in response to challenging industry conditions and was substantially completed in 2023.
Word for word“The plan was substantially completed in 2023.” 10-K for 2024
Our summaryMicron reported restructure and asset impairment charges for fiscal 2025, of which employee severance was the largest component.
Word for word“For the year ended 2025 2024 2023 Employee severance $ 30 $ 1 $ 163 Asset impairments and other asset-related costs 9 — 14 Other — — ( 6 ) $ 39 $ 1 $ 171 In 2023, we initiated a restructure plan in response to challenging industry conditions.” 10-K for 2025
Our summaryMicron initiated a restructure plan in 2023 that reduced its headcount by approximately 15% by the end of calendar 2023through voluntary attrition and personnel reductions.
Word for word“Under the plan, we reduced our headcount by approximately 15 % by the end of calendar 2023, through a combination of voluntary attrition and personnel reductions.” 10-K for 2025
| Fiscal year ended | Severance costs | Restructuring costs incurred | Cash paid for restructuring |
|---|---|---|---|
| 2021-09-02 | $3 million | — | — |
| 2022-09-01 | $0 | — | — |
| 2023-08-31 | $163 million | $171 million | $167 million |
| 2024-08-29 | $1 million | — | — |
| 2025-08-28 | $30 million | — | — |
Micron Technology 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 Micron Technology’s annual reports (10-K for 2026, 10-K for 2025, 10-K for 2024) and the financial data it files with the SEC, as of 2026-10-09. 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.