National Grid layoffs, on the record
Every job cut, severance charge and restructuring National Grid reported in its annual reports, 2024 to 2026, quoted from the filings. Headcount went from 31,425 to 33,026.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 20-F for 2024 | 31,425 | — |
| 20-F for 2025 | 31,654 | — |
| 20-F for 2026 | 33,026 | — |
Job cuts, severance and restructuring
Our summaryRecorded severance costs (excluding pension costs) in payroll costs for the year, shown as a line item.
Word for word“Severance costs (excluding pension costs) 12 3 5 3,736 3,483 3,073 Less: payroll costs capitalised ( 1,693 ) ( 1,525 ) ( 1,279 ) Total payroll costs from continuing operations 2,043 1,958 1,794 1.” 20-F for 2024
Our summaryExplained that redundancy costs under efficiency and transformation programs are charged when a commitment is made and the plan is announced to employees.
Word for word“Costs arising from efficiency and transformation programmes include redundancy costs.” 20-F for 2024
Our summaryIncurred separation and integration costs tied to the disposal of NECO, the disposal of the UK Gas Transmission business and the integration of NGED, recorded as exceptional items.
Word for word“During the year, separation costs of £ 11 million were incurred in relation to the disposal of NECO, £ 6 million in relation to the disposal of the UK Gas Transmission business and £ 27 million in connection with the integration of NGED.” 20-F for 2024
Our summaryCompany reported severance costs (excluding pension costs) in its payroll cost note for the three years shown.
Word for word“Severance costs (excluding pension costs) 10 12 3 4,081 3,736 3,483 Less: payroll costs capitalised ( 1,938 ) ( 1,693 ) ( 1,525 ) Total payroll costs from continuing operations 2,143 2,043 1,958 1.” 20-F for 2025
National Grid 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 National Grid’s annual reports (20-F for 2026, 20-F for 2025, 20-F for 2024) and the financial data it files with the SEC, as of 2026-06-03. 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.