Okta layoffs, on the record
Every job cut, severance charge and restructuring Okta reported in its annual reports, 2024 to 2026, quoted from the filings. Headcount went from 5,908 to 6,366.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2024 | 5,908 | January 31, 2024 |
| 10-K for 2025 | 5,914 | January 31, 2025 |
| 10-K for 2026 | 6,366 | January 31, 2026 |
Job cuts, severance and restructuring
Our summaryAnnounced a world-wide restructuring plan (the 2023 Restructuring Plan) to reduce operating expenses and improve profitability, reducing the workforce by about 300 full-time employees.
Word for word“The 2023 Restructuring Plan involved a reduction of the Company’s workforce by approximately 300 full-time employees.” 10-K for 2024
Our summaryApproved a restructuring plan (the 2024 Restructuring Plan) to improve operating efficiencies and profitability, reducing the workforce by about 400 full-time employees.
Word for word“Aggregate restructuring costs associated with the 2024 Restructuring Plan are estimated to be approximately $ 24 million.” 10-K for 2024
Our summaryRecognized severance and termination benefit costs from an insignificant workforce reduction, separate from the 2024 Restructuring Plan.
Word for word“Separate from the 2024 Restructuring Plan, the Company recognized $ 4 million of severance and termination benefit costs related to an insignificant workforce reduction in fiscal 2024.” 10-K for 2024
Our summaryAnnounced a real estate optimization plan closing duplicative sites and decommissioning underutilized offices and floors, recording non-cash lease impairment charges.
Word for word“During the third quarter of fiscal 2023, the Company announced a real estate optimization plan which provided for closing duplicative sites and decommissioning underutilized offices and floors.” 10-K for 2024
Our summaryRecorded total restructuring and other charges, including severance and termination benefit costs and lease impairment charges.
Word for word“The following table summarizes the Company’s restructuring and other charges during fiscal 2024 and 2023 : Year Ended January 31, 2024 2023 (dollars in millions) Severance and termination benefit costs $ 28 $ 15 Lease impairment charges 28 14 Total $ 56 $ 29.” 10-K for 2024
Our summaryApproved the 2025 Restructuring Plan to reallocate resources toward growth priorities, reducing the workforce.
Word for word“The 2025 Restructuring Plan involved a reduction of the Company’s workforce by approximately 180 full-time employees.” 10-K for 2025
Our summaryApproved the 2024 Restructuring Plan to improve operating efficiencies and profitability, reducing the workforce.
Word for word“The 2024 Restructuring Plan involved a reduction of the Company’s workforce by approximately 400 full-time employees.” 10-K for 2025
Our summaryImplemented a real estate optimization plan that closed duplicative sites and decommissioned underutilized offices and floors, with lease impairment charges recorded.
Word for word“Additionally, during fiscal 2023 the Company implemented a real estate optimization plan which provided for closing duplicative sites and decommissioning underutilized offices and floors.” 10-K for 2025
Our summaryOkta recorded restructuring costs in fiscal 2025 that were substantially complete by the first quarter of fiscal 2026.
Word for word“During fiscal 2025, the Company recognized $ 11 million in restructuring costs that was substantially complete by the first quarter of fiscal 2026.” 10-K for 2026
Our summaryOkta recorded restructuring costs in fiscal 2024 that were substantially complete by the first quarter of fiscal 2025.
Word for word“During fiscal 2024, the Company recognized $ 24 million in restructuring costs that was substantially complete by the first quarter of fiscal 2025.” 10-K for 2026
Our summaryOkta also recorded lease impairments and severance for separate small workforce reductions as other charges in fiscal 2024.
Word for word“Other charges during fiscal 2024 included $ 28 million in lease impairments and $ 4 million in severance for separate insignificant workforce reductions.” 10-K for 2026
| Fiscal year ended | Severance costs | Restructuring charges |
|---|---|---|
| 2023-01-31 | — | $15 million |
| 2024-01-31 | $4 million | $28 million |
| 2025-01-31 | — | $11 million |
| 2026-01-31 | — | $4 million |
Okta 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 Okta’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 2026-03-05. 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.