Netscout Systems layoffs, on the record
Every job cut, severance charge and restructuring Netscout Systems reported in its annual reports, 2024 to 2026, quoted from the filings. Headcount went from 2,296 to 2,073.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2024 | 2,296 | March 31, 2024 |
| 10-K for 2025 | 2,123 | March 31, 2025 |
| 10-K for 2026 | 2,073 | March 31, 2026 |
Job cuts, severance and restructuring
Our summaryRestructured certain departments to better align functions, terminating eighteen employees in a workforce reduction.
Word for word“During the fiscal year ended March 31, 2023, the Company restructured certain departments to better align functions resulting in the termination of eighteen employees.” 10-K for 2024
Our summaryRecorded a restructuring charge for one-time termination benefits, which were paid in full during the year.
Word for word“As a result of the restructuring program, we recorded $1.9 million of restructuring charges related to one-time employee-related termination benefits for the employees that were notified of their termination during the period.” 10-K for 2024
Our summaryImplemented a voluntary separation program (VSP) for employees meeting age and service requirements to reduce overall headcount, with 142 employees voluntarily terminating.
Word for word“During the first quarter of fiscal year 2025, the Company implemented a voluntary separation program (VSP) for employees who met certain age and service requirements to reduce overall headcount.” 10-K for 2025
Our summaryEntered into transition agreements providing termination benefits for certain employees to ensure an orderly transition of responsibilities.
Word for word“During the third quarter of fiscal year 2025, the Company entered into transition agreements that provided termination benefits for certain employees to ensure an orderly transition of responsibilities for continuity purposes.” 10-K for 2025
Our summaryRecorded total restructuring charges of $20.5 million for fiscal 2025, with $1.8 million in fiscal 2023 and none in fiscal 2024.
Word for word“Restructuring charges 20,500 2 — — 20,500 100 % Goodwill impairment 426,967 52 217,260 26 209,707 97 % Gain on divestiture of a business — — (3,806) — 3,806 100 % Total operating expenses $ 1,011,546 123 % $ 791,869 96 % $ 219,677 28 % Research and development.” 10-K for 2025
Our summaryThe company ran a voluntary separation program for employees meeting age and service requirements to cut overall headcount, recording one-time termination benefit charges.
Word for word“As a result of the related workforce reduction, during the fiscal year ended March 31, 2025, we recorded restructuring charges totaling $19.6 million related to one-time termination benefits for one hundred forty-two employees who voluntarily terminated their employment with us during that period.” 10-K for 2026
Our summaryThe company entered into transition agreements giving termination benefits to certain employees for an orderly handoff of duties, and recorded restructuring charges in both fiscal years.
Word for word“As a result of these related workforce changes, during the fiscal year ended March 31, 2026 and 2025, we recorded restructuring charges in each year totaling $0.9 million, respectively.” 10-K for 2026
| Fiscal year ended | Restructuring charges | Cash paid for restructuring |
|---|---|---|
| 2017-03-31 | $4 million | $2.3 million |
| 2018-03-31 | $5.2 million | $3.6 million |
| 2019-03-31 | $18.7 million | $22 million |
| 2020-03-31 | $2.7 million | $896,000 |
| 2021-03-31 | $62,000 | $1.9 million |
| 2022-03-31 | $0 | — |
| 2023-03-31 | $1.8 million | $1.7 million |
| 2024-03-31 | $0 | — |
| 2025-03-31 | $20.5 million | — |
| 2026-03-31 | $883,000 | — |
Netscout Systems 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 Netscout Systems’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 2026-05-14. 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.