Sandisk layoffs, on the record
Every job cut, severance charge and restructuring Sandisk reported in its annual reports, 2025 to 2026, quoted from the filings. Headcount went from approximately 11,000 to approximately 11,100.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2025 | approximately 11,000 | June 2025 |
| 10-K for 2026 | approximately 11,100 | July 2026 |
Job cuts, severance and restructuring
Our summaryThe income statement reports an employee termination and other charge of $21 million for fiscal 2025, a $40 million benefit for fiscal 2024, and a $69 million charge for fiscal 2023.
Word for word“Employee termination and other 21 ( 40 ) 69” 10-K for 2025
Our summaryThe company reported that employee termination and other charges fell because it took no restructuring actions in fiscal 2026.
Word for word“Employee termination and other Employee termination and other charges decreased $23 million in 2026 compared to 2025 as there were no restructuring actions taken in the current period.” 10-K for 2026
| Fiscal year ended | Restructuring charges |
|---|---|
| 2024-06-28 | −$40 million |
| 2025-06-27 | $21 million |
Sandisk 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 Sandisk’s annual reports (10-K for 2026, 10-K for 2025) and the financial data it files with the SEC, as of 2026-08-17. 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.