Msci layoffs, on the record
Every job cut, severance charge and restructuring Msci reported in its annual reports, 2023 to 2025, quoted from the filings. Headcount went from 5,794 to 6,268.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2023 | 5,794 | December 31, 2023 |
| 10-K for 2024 | 6,132 | December 31, 2024 |
| 10-K for 2025 | 6,268 | December 31, 2025 |
Job cuts, severance and restructuring
Our summaryThe filing reports that involuntary turnover for the year was 2.8%, which is the only workforce reduction figure given.
Word for word“For the one-year period ended December 31, 2023, voluntary turnover was 7.3% and involuntary turnover was 2.8%.” 10-K for 2023
Our summaryThe filing notes that cost of revenues rose partly because of lower severance costs, meaning severance expense fell year over year.
Word for word“The change was driven by increases in compensation and benefits costs, primarily relating to higher wages and salaries and incentive compensation costs, partially offset by lower severance costs.” 10-K for 2023
Our summaryThe company completed a multi-phase internal legal entity restructuring that began in 2025 and recorded a tax benefit in the first quarter of 2026.
Word for word“Subsequent to December 31, 2025, the Company completed a multi-phase internal legal entity restructuring that commenced in 2025.” 10-K for 2025
Our summaryThe company recognized tax expense in 2025 tied to a multi-phase internal legal entity restructuring that started in 2025 and finished after year end.
Word for word“The increase in the effective tax rate in 2025 was driven by $38 million of expense recognized in connection with a multi-phase internal legal entity restructuring that commenced in the period and was completed subsequent to year end.” 10-K for 2025
Msci 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 Msci’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 2026-02-06. 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.