Payoneer Global layoffs, on the record
Every job cut, severance charge and restructuring Payoneer Global reported in its annual reports, 2023 to 2025, quoted from the filings.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2025 | approximately 2,540 | As of December 31, 2025 |
Job cuts, severance and restructuring
Our summaryInitiated a plan in the third quarter of 2023 to reduce the workforce by about 9 percent to enhance productivity and streamline the organization.
Word for word“During the third quarter of 2023, the Company initiated a plan to reduce its workforce by approximately 9 % (the “Plan”).” 10-K for 2023
Our summaryRecorded severance and other employee termination costs under the workforce reduction plan, allocated across operating expense lines.
Word for word“During the year ended December 31, 2023, the Company incurred and paid costs of $ 4,448 related to severance and other employee termination benefits.” 10-K for 2023
Our summaryRecorded severance costs of $1.6 million for research and development employees under the workforce reduction plan.
Word for word“During the year ended December 31, 2023, we also incurred $1.6 million in severance related costs for research and development employees related to the workforce reduction plan discussed above.” 10-K for 2023
Our summaryRecorded severance costs of $2.0 million for sales and marketing employees under the workforce reduction plan.
Word for word“During the year ended December 31, 2023, we also incurred $2.0 million in severance related costs for sales and marketing employees related to the workforce reduction plan discussed above.” 10-K for 2023
Our summaryReported restructuring charges in the Adjusted EBITDA reconciliation for the workforce reduction, with the company stating it does not expect further costs for the plan.
Word for word“The Company does not expect to incur additional costs related to the Plan.” 10-K for 2023
Our summaryStated that no restructuring charges were incurred in 2024 and no additional costs are expected under the 2023 plan.
Word for word“The Company did not incur restructuring charges during the year ended December 31, 2024.” 10-K for 2024
Our summaryThe company paid severance and other termination benefits in the first quarter of 2025, mostly tied to a strategic shift in how it provides Checkout capabilities and to efficiencies in its Checkout product.
Word for word“During the first quarter of 2025, the Company incurred and paid $ 2,630 of severance and other employee termination benefits mostly related to a strategic shift in how the Company provides Checkout capabilities to its customers and efficiencies realized in the Company’s Checkout product.” 10-K for 2025
Our summaryThe company incurred severance and termination costs in the fourth quarter of 2025 for broad expense efficiency measures.
Word for word“During the fourth quarter of 2025, the Company incurred $ 2,243 of severance and other employee termination benefits related to broad expense efficiency measures.” 10-K for 2025
Our summaryThe company incurred and paid severance and termination costs in 2023 under the workforce reduction plan.
Word for word“During the year ended December 31, 2023, the Company incurred and paid costs of $ 4,488 related to severance and other employee termination benefits.” 10-K for 2025
| Fiscal year ended | Restructuring charges |
|---|---|
| 2023-12-31 | $4.5 million |
| 2025-12-31 | $4.9 million |
Payoneer Global filed 1 restructuring notice (Form 8-K, Item 2.05) since 2016. This page shows what the company reported to the SEC, not news reports or state layoff notices.
Read from Payoneer Global’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 2026-02-26. 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.