Nextpower layoffs, on the record
Every job cut, severance charge and restructuring Nextpower reported in its annual reports, 2024 to 2026, quoted from the filings.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2024 | approximately 1,050 | March 31, 2024 |
| 10-K for 2025 | approximately 1,300 | March 31, 2025 |
| 10-K for 2026 | approximately 1,993 full-time employees | As of March 31, 2026 |
Job cuts, severance and restructuring
Our summaryThe company completed reorganization transactions to simplify its U.S. legal entity structure, ending the LLC's partnership status and the Up-C structure.
Word for word“Up-C restructuring As of March 31, 2026, the Company completed a series of reorganization transactions to simplify its U.S. legal entity structure.” 10-K for 2026
Nextpower 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 Nextpower’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 2026-05-19. 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.