NCR Atleos layoffs, on the record
Every job cut, severance charge and restructuring NCR Atleos reported in its annual reports, 2023 to 2025, quoted from the filings. Headcount went from approximately 20,000 to approximately 20,000.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2023 | approximately 20,000 | December 31, 2023 |
| 10-K for 2024 | approximately 20,000 | December 31, 2024 |
| 10-K for 2025 | approximately 20,000 | December 31, 2025 |
Job cuts, severance and restructuring
Our summaryThe company ceased operations in Russia and completed liquidation of its only Russian subsidiary; the filing says no charges were recognized in 2023, while prior-year Russia-related severance and impairments were excluded from segment results.
Word for word“As of December 31, 2023, we have ceased operations in Russia and have completed the liquidation of our only subsidiary in Russia.” 10-K for 2023
Our summaryThe company reported transformation and restructuring costs, which include integration, severance and other exit and disposal costs, in its Adjusted EBITDA reconciliation.
Word for word“Acquisition-related costs — 8 95 Transformation and restructuring costs 28 63 25 Pension mark-to-market adjustments 27 78 (70) Russia operations — 22 (4) Adjusted EBITDA (Non-GAAP) $ 732 $ 685 $ 586 (1) Includes Related party interest expense, net, as presented in the Consolidated Statements of Operations.” 10-K for 2023
Our summaryGross margin in 2023 included transformation and restructuring costs of 1 million, and SG&A included 8 million of transformation and restructuring costs.
Word for word“Gross margin for the year ended December 31, 2023 included $51 million of reserves on net assets transferred and incremental retention costs paid out as part of the Spin-off from Voyix, $65 million related to amortization of acquisition-related intangible assets, $20 million of stock-based compensation expense, and $1 million related to transformation and restructuring costs.” 10-K for 2023
Our summaryTransformation and restructuring costs were recorded in 2024, 2023 and 2022, including integration, severance and other exit costs, as reported in the Adjusted EBITDA reconciliation.
Word for word“Transformation and restructuring costs 22 28 63 Loss on debt extinguishment 20 — — Pension mark-to-market adjustments (38) 27 78 Voyix environmental indemnification expense 14 — — Russia operations — — 22 Adjusted EBITDA (Non-GAAP) $ 781 $ 732 $ 685 (1) Includes Related party interest expense, net, as presented in the Consolidated Statements of Operations for the years ended December 31, 2023 and 2022 .” 10-K for 2024
Our summaryGross margin included transformation and restructuring costs in 2024.
Word for word“Gross margin for the year ended December 31, 2024 included $80 million of amortization of acquisition-related intangible assets, $7 million of transformation and restructuring costs, and $5 million of stock-based compensation expense.” 10-K for 2024
Our summarySG&A included transformation and restructuring costs in 2024 and 2023.
Word for word“In 2024, selling, general and administrative expenses included $8 million of transformation and restructuring costs, $31 million of stock-based compensation expense, $15 million of acquisition-related amortization of intangibles and $18 million of separation-related costs.” 10-K for 2024
Our summaryResearch and development expenses included transformation and restructuring costs in 2024.
Word for word“In 2024, research and development expenses included $2 million of stock-based compensation expense and $3 million of transformation and restructuring costs.” 10-K for 2024
Our summaryRussia operations were wound down and the only Russian subsidiary liquidated, with severance charges excluded from 2022 segment results.
Word for word“We ceased operations in Russia in 2022 and have completed the liquidation of our only subsidiary in Russia.” 10-K for 2024
NCR Atleos 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 NCR Atleos’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 2026-02-27. 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.