Piper Sandler Companies layoffs, on the record
Every job cut, severance charge and restructuring Piper Sandler Companies reported in its annual reports, 2023 to 2025, quoted from the filings.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2023 | 1,725 | December 31, 2023 |
| 10-K for 2024 | 1,805 | December 31, 2024 |
| 10-K for 2025 | 1,858 full-time employees | December 31, 2025 |
Job cuts, severance and restructuring
Our summaryRestructuring and integration costs in 2023 included severance benefits tied to headcount reductions, alongside costs for vacated leased office space from acquisitions.
Word for word“For the year ended December 31, 2023, we incurred restructuring and integration costs of $7.7 million.” 10-K for 2023
Our summaryCompany incurred restructuring and integration costs in 2024, mainly integration costs tied to the Aviditi Advisors acquisition.
Word for word“For the year ended December 31, 2024, we incurred restructuring and integration costs of $2.6 million, primarily consisting of integration costs related to our acquisition of Aviditi Advisors.” 10-K for 2024
Our summaryCompany recorded severance and vacated-office restructuring costs in 2023 tied to headcount reductions and acquisitions.
Word for word“For the year ended December 31, 2023, we incurred restructuring and integration costs of $7.7 million, primarily consisting of $6.7 million of severance benefits related to headcount reductions and $0.9 million for vacated leased office space associated with our acquisitions of Cornerstone Macro Research LP and The Valence Group.” 10-K for 2024
Our summaryThe company recorded restructuring and integration costs for 2025, mainly severance for headcount reductions, vacated office space from the Aviditi Advisors acquisition, and G Squared integration costs.
Word for word“For the year ended December 31, 2025, we incurred restructuring and integration costs of $6.1 million.” 10-K for 2025
Our summaryThe company recorded severance benefits tied to headcount reductions as the largest part of its 2025 restructuring and integration costs.
Word for word“The expenses principally consisted of $2.8 million of severance benefits related to headcount reductions, $1.8 million for vacated leased office space associated with our acquisition of Aviditi Advisors, as well as $1.5 million of integration costs related principally to our acquisition of G Squared.” 10-K for 2025
| Fiscal year ended | Restructuring charges |
|---|---|
| 2016-12-31 | $9 million |
| 2017-12-31 | $0 |
| 2018-12-31 | $3.5 million |
| 2019-12-31 | $7.5 million |
| 2020-12-31 | $6.4 million |
| 2021-12-31 | $3.7 million |
| 2022-12-31 | $6.3 million |
| 2023-12-31 | $7.7 million |
| 2024-12-31 | −$42,000 |
| 2025-12-31 | $4.7 million |
Piper Sandler Companies 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 Piper Sandler Companies’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.