Palo Alto Networks layoffs, on the record

Headcount, as reported

Job cuts, severance and restructuring

1. Our summaryThe company recorded employee severance charges tied to its acquisition of CyberArk, which raised general and administrative expense. fiscal 2026

   Word for word“General and administrative expense increased for fiscal 2026 compared to fiscal 2025 primarily due to increased personnel costs, which grew $253 million for fiscal 2026 compared to fiscal 2025, primarily due to accelerated vesting of certain equity awards in connection with our acquisitions in fiscal year 2026, employee severance charges in connection with our CyberArk acquisition, and headcount growth, including from our acquisitions.” 10-K for 2026

2. Our summaryThe company paid cash under its CyberArk-related workforce plan during fiscal 2026. During the year ended July 31, 2026 · Cost: $ 18 million

   Word for word“During the year ended July 31, 2026, we made cash payments of $ 18 million under the plan.” 10-K for 2026

3. Our summaryThe company had an unpaid severance liability related to the CyberArk workforce plan at year end. As of July 31, 2026 · Cost: $ 14 million

   Word for word“As of July 31, 2026, a liability of $ 14 million related to employee severance was included in accrued compensation on our consolidated balance sheets.” 10-K for 2026

Palo Alto Networks 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 Palo Alto Networks’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 2026-09-10. 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.