OSI Systems layoffs, on the record
Every job cut, severance charge and restructuring OSI Systems reported in its annual reports, 2024 to 2026, quoted from the filings. Headcount went from 6,681 to 7,806.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2024 | 6,681 | June 30, 2024 |
| 10-K for 2025 | 7,337 | June 30, 2025 |
| 10-K for 2026 | 7,806 | June 30, 2026 |
Job cuts, severance and restructuring
Our summaryRecorded restructuring and other charges in fiscal 2024 that included employee termination costs of $1.4 million.
Word for word“During the fiscal year ended June 30, 2024, restructuring and other charges were $6.4 million and consisted of $3.2 million for facility closure costs for operational efficiency activities, $1.4 million for employee terminations, $1.0 million in acquisition related costs, and $0.8 million in legal charges.” 10-K for 2024
Our summaryRecorded facility closure costs for operational efficiency activities in fiscal 2024 as part of restructuring and other charges.
Word for word“During the fiscal year ended June 30, 2024, we recognized $ 6.4 million in restructuring and other charges, which included $ 3.2 million for facility closure costs for operational efficiency activities, $ 1.4 million for employee terminations, $ 1.0 million in acquisition related costs, and $ 0.8 million in legal charges.” 10-K for 2024
Our summaryRecorded employee termination charges in fiscal 2023 as part of impairment, restructuring and other charges.
Word for word“During the fiscal year ended June 30, 2023, we recognized $ 7.6 million in impairment, restructuring and other charges, which included $ 3.9 million in legal charges primarily related to class action litigation and government investigations, $ 1.7 million for employee terminations, $ 1.5 million for other facility closure costs for operational efficiency activities, and $ 0.4 million in acquisition related costs.” 10-K for 2024
Our summaryRecorded employee termination charges in fiscal 2022 as part of impairment, restructuring and other charges.
Word for word“During the fiscal year ended June 30, 2022, we recognized $ 7.5 million in impairment, restructuring and other charges, which included $ 5.1 million in legal charges primarily related to class action litigation and government investigations, $ 1.1 million for employee terminations, $ 1.0 million for impairment of software assets, $ 0.3 million in acquisition related costs, and a net benefit for facility closures activity of a nominal amount.” 10-K for 2024
Our summaryRecorded restructuring and other charges in fiscal 2025, including employee termination costs, facility closure costs, acquisition costs and legal charges.
Word for word“During the fiscal year ended June 30, 2025, we recognized $ 5.3 million in restructuring and other charges, which included $ 0.7 million for facility closure costs for operational efficiency activities, $ 2.7 million for employee terminations, $ 0.6 million in acquisition related costs, and $ 1.3 million in legal charges.” 10-K for 2025
Our summaryRecorded restructuring and other charges in fiscal 2023, including employee termination costs and facility closure costs.
Word for word“During the fiscal year ended June 30, 2023, we recognized $ 7.6 million in restructuring and other charges, which included $ 3.9 million in legal charges primarily related to class action litigation and government investigations, $ 1.7 million for employee terminations, $ 1.5 million for other facility closure costs for operational efficiency activities, and $ 0.4 million in acquisition related costs.” 10-K for 2025
Our summaryIn fiscal 2026 the company recorded restructuring and other charges that included employee termination costs, acquisition costs, asset impairment, facility closure costs, legal charges and non-recurring charges.
Word for word“During the fiscal year ended June 30, 2026, we recognized $ 16.6 million in impairments, restructuring and other charges, which included $ 5.1 million for employee terminations, $ 2.1 million in acquisition related costs, $ 1.2 million for impairment of assets, $ 0.2 F-25 Table of Contents OSI SYSTEMS, INC. AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS—(Continued) FOR THE THREE YEARS ENDED JUNE 30, 2026 million for facility closure costs for operational efficiency activities, $ 1.6 million in legal charges, $ 2.2 million for non-recurring charges in our Security division, and $ 4.2 million of non-recurring charges in our Healthcare division.” 10-K for 2026
| Fiscal year ended | Severance costs | Restructuring charges | Restructuring costs incurred |
|---|---|---|---|
| 2016-06-30 | $4.5 million | — | $12.3 million |
| 2017-06-30 | $10.6 million | $19.7 million | $19.7 million |
| 2018-06-30 | $2.1 million | $27.2 million | $27.2 million |
| 2019-06-30 | $2.4 million | — | $3.8 million |
| 2020-06-30 | $4 million | — | $6.5 million |
| 2021-06-30 | $4.4 million | — | $10.1 million |
| 2022-06-30 | $1.2 million | — | $7.5 million |
| 2023-06-30 | $1.7 million | — | $7.6 million |
| 2024-06-30 | $1.4 million | — | $6.4 million |
| 2025-06-30 | $2.7 million | — | $5.3 million |
OSI 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 OSI 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 2026-08-21. 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.