News layoffs, on the record
Every job cut, severance charge and restructuring News reported in its annual reports, 2024 to 2026, quoted from the filings. Headcount went from approximately 22,300 to approximately 21,700.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2025 | approximately 22,300 | June 30, 2025 |
| 10-K for 2026 | approximately 21,700 | June 30, 2026 |
Job cuts, severance and restructuring
Our summaryThe company recorded restructuring charges in fiscal 2025 as part of its restructuring programs.
Word for word“During the fiscal years ended June 30, 2025 and 2024, the Company recorded restructuring charges of $120 million and $89 million, respectively.” 10-K for 2025
Our summaryThe company recognized non-cash impairment charges in fiscal 2024, mainly tied to write-downs of fixed assets at the News Media segment from combining News UK's printing operations with DMG Media.
Word for word“During the fiscal year ended June 30, 2024, the Company recognized non-cash impairment charges of $44 million, primarily related to the write-down of fixed assets at the News Media segment associated with the combination of News UK's printing operations with those of DMG Media.” 10-K for 2025
Our summaryThe company recorded restructuring charges for fiscal 2026, with comparison amounts for fiscal 2025 and 2024.
Word for word“The Company recorded restructuring charges of $ 86 million, $ 120 million and $ 89 million for the fiscal years ended June 30, 2026, 2025 and 2024, respectively.” 10-K for 2026
Our summaryThe company recorded impairment and restructuring charges in fiscal 2026 and 2025, which included restructuring charges.
Word for word“During the fiscal years ended June 30, 2026 and 2025, the Company recorded impairment and restructuring charges of $113 million and $132 million, including restructuring charges of $86 million and $120 million, respectively.” 10-K for 2026
| Fiscal year ended | Restructuring charges | Cash paid for restructuring |
|---|---|---|
| 2016-06-30 | $89 million | $96 million |
| 2017-06-30 | $142 million | $137 million |
| 2018-06-30 | $71 million | $76 million |
| 2019-06-30 | $92 million | $93 million |
| 2020-06-30 | $140 million | $110 million |
| 2021-06-30 | $168 million | $152 million |
| 2022-06-30 | $90 million | $108 million |
| 2023-06-30 | $119 million | $95 million |
| 2024-06-30 | $89 million | $118 million |
| 2025-06-30 | $120 million | $84 million |
News 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 News’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 2026-08-07. 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.