Stratrix
On the Record · Nisource

Nisource layoffs, on the record

Every job cut, severance charge and restructuring Nisource reported in its annual reports, 2023 to 2025, quoted from the filings.

Headcount, as reported

Annual reportEmployeesAs of
10-K for 20237,364 full-time and 47 part-timeAs of December 31, 2023
10-K for 20247,687 full-time and 59 part-timeDecember 31, 2024
10-K for 20257,668 full-time and 70 part-timeDecember 31, 2025

Job cuts, severance and restructuring

  1. Our summaryThe filing lists a NiSource Next Voluntary Separation Program as an exhibit. effective as of August 5, 2020

    Word for word“(10.26) NiSource Next Voluntary Separation Program, effective as of August 5, 2020 (incorporated by reference to Exhibit 10.8 to the NiSource Inc.” 10-K for 2023
  2. Our summaryThe filing lists an Executive Severance Policy as an exhibit. as amended and restated effective October 19, 2020

    Word for word“(10.25) NiSource Inc. Executive Severance Policy, as amended and restated effective October 19, 2020 (incorporated by reference to Exhibit 10.7 to the NiSource Inc. Form 10-Q filed on November 2, 2020).” 10-K for 2023
As filedReported in the company's financial data (XBRL), each linked to its filing
Fiscal year endedCash paid for restructuring
2020-12-31$21.2 million

Nisource 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 Nisource’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 2026-02-11. 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.