Restaurant Brands International Limited Partnership layoffs, on the record
Every job cut, severance charge and restructuring Restaurant Brands International Limited Partnership reported in its annual reports, 2023 to 2025, quoted from the filings. Headcount went from approximately 9,000 to approximately 53,500.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2023 | approximately 9,000 | December 31, 2023 |
| 10-K for 2024 | approximately 37,600 | As of December 31, 2024 |
| 10-K for 2025 | approximately 53,500 | December 31, 2025 |
Job cuts, severance and restructuring
Our summaryThe company reported corporate restructuring and advisory fees tied to transformational corporate restructuring initiatives, which fell in 2023 compared with 2022.
Word for word“The decrease in Corporate restructuring and advisory fees in 2023 reflects decreased costs associated with corporate restructuring initiatives in 2023 compared to 2022.” 10-K for 2023
Our summaryThe company reported restructuring and other provisions recorded as current other accrued liabilities.
Word for word“Restructuring and other provisions 18 29 Current portion of operating lease liabilities 147 137 Other 117 109 Other accrued liabilities $ 1,005 $ 1,001 Non-current:” 10-K for 2023
Our summaryThe filing reports restructuring and advisory fees tied to corporate restructuring initiatives, which fell from 2023 to 2024 (no workforce reduction is stated).
Word for word“The decrease in Corporate restructuring and advisory fees in 2024 and 2023, compared to the respective previous year, reflects decreased costs associated with corporate restructuring initiatives.” 10-K for 2024
Our summaryThe filing reports restructuring and other provisions recorded as a current accrued liability.
Word for word“Restructuring and other provisions 16 18 Current portion of operating lease liabilities 193 147 Other 124 117 Other accrued liabilities $ 1,141 $ 1,005 Non-current: Taxes payable $ 52 $ 57 Contract liabilities (see Note 15) 517 555 Derivatives liabilities 1 227 Unfavorable leases 30 42 Accrued pension 23 34 Deferred income 54 57 Other 29 24 Other liabilities, net $ 706 $ 996 Note 9.” 10-K for 2024
Our summaryThe company incurred non-operating expenses, mainly professional advisory and consulting fees, tied to corporate restructuring initiatives that rationalize its structure and optimize cash movement, plus services related to tax reform.
Word for word“In connection with certain transformational corporate restructuring initiatives that rationalize our structure and optimize cash movement within our structure, as well as services related to significant tax reform legislation and regulations, we incurred non-operating expenses primarily from professional advisory and consulting services (“Corporate restructuring and advisory fees”).” 10-K for 2025
Restaurant Brands International Limited Partnership 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 Restaurant Brands International Limited Partnership’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.