Qualtrics International layoffs, on the record
Every job cut, severance charge and restructuring Qualtrics International reported in its annual reports, 2020 to 2022, quoted from the filings. Headcount went from 3,455 to over 5,600.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2020 | 3,455 | December 31, 2020 |
| 10-K for 2021 | 4,808 | December 31, 2021 |
| 10-K for 2022 | over 5,600 | As of December 31, 2022 |
Job cuts, severance and restructuring
Our summaryThe company committed to a plan to eliminate about 270 roles worldwide that do not fit its top priorities for 2023.
Word for word“In January 2023, the Company committed to a plan to eliminate approximately 270 roles across the Company globally that do not align with the Company’s highest priorities for 2023.” 10-K for 2022
Our summaryThe company expects to record pre-tax charges, mainly severance and related costs, for the January 2023 headcount reductions.
Word for word“As a result of these actions, the Company expects to incur total pre-tax charges of approximately $ 5.8 million in connection with the headcount reductions, primarily consisting of severance payments, notice pay (where applicable), employee benefits contributions and related costs.” 10-K for 2022
Qualtrics International 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 Qualtrics International’s annual reports (10-K for 2022, 10-K for 2021, 10-K for 2020) and the financial data it files with the SEC, as of 2023-02-24. 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.