Stratrix
On the Record · PPL

PPL layoffs, on the record

Every job cut, severance charge and restructuring PPL reported in its annual reports, 2023 to 2025, quoted from the filings. Headcount went from 6,629 to 6,546.

Headcount, as reported

Annual reportEmployeesAs of
10-K for 20236,629December 31, 2023
10-K for 20246,653At December 31, 2024
10-K for 20256,546December 31, 2025

Job cuts, severance and restructuring

  1. Our summaryRIE will forgo recovery of transition costs, including costs of severance payments tied to the Rhode Island acquisition transition; these costs were expensed as incurred.

    Word for word“RIE will forgo potential recovery of any and all transition costs, which includes (1) the installation of certain information technology systems; (2) modification and enhancements to physical facilities in Rhode Island; and (3) incurring costs related to severance payments, communications and branding changes, and other transition related costs.” 10-K for 2023

  2. Our summaryRIE recorded transition costs, including severance payments, that were expensed as incurred under the Acquisition terms. for the years ended December 31, 2024, 2023, and 2022 · Cost: $ 307 million, $ 262 million, and $ 181 million

    Word for word“These costs, which are being expensed as incurred, were $ 307 million, $ 262 million, and $ 181 million for the years ended December 31, 2024, 2023, and 2022.” 10-K for 2024

PPL 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 PPL’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 2026-02-20. 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.