Stratrix
On the Record · Parsons

Parsons layoffs, on the record

Every job cut, severance charge and restructuring Parsons reported in its annual reports, 2023 to 2025, quoted from the filings. Headcount went from over 18,500 to over 21,000.

Headcount, as reported

Annual reportEmployeesAs of
10-K for 2023over 18,500December 31, 2023
10-K for 2024over 19,600December 31, 2024
10-K for 2025over 21,000December 31, 2025

Job cuts, severance and restructuring

  1. Our summaryThe company recorded restructuring expenses tied to its corporate restructuring initiatives, shown in the Adjusted EBITDA reconciliation.

    Word for word“Restructuring expense (b) ( 1,244 ) ( 213 ) ( 736 )” 10-K for 2023

  2. Our summaryThe filing reports restructuring expense in the Adjusted EBITDA reconciliation for 2023, tied to corporate restructuring initiatives.

    Word for word“Restructuring (b) - 1,244 213 Other (c) 912 1,933 3,003 Adjusted EBITDA $ 604,953 $ 464,673 $ 352,782 (a) Reflects costs incurred in connection with acquisitions, and other non-recurring transaction costs, primarily fees paid for professional services and employee retention.” 10-K for 2024

  3. Our summaryThe filing reports restructuring expense in the segment reconciliation for 2022, described as costs tied to corporate restructuring initiatives.

    Word for word“(d) Reflects costs associated with and related to our corporate restructuring initiatives.” 10-K for 2024

  4. Our summaryThe company recorded restructuring costs tied to its corporate restructuring initiatives, which it excludes from Adjusted EBITDA.

    Word for word“(b) Reflects costs associated with and related to our corporate restructuring initiatives.” 10-K for 2025
As filedReported in the company's financial data (XBRL), each linked to its filing
Fiscal year endedRestructuring charges
2019-12-31$3.4 million
2020-12-31$2.2 million

Parsons 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 Parsons’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.