Scansource layoffs, on the record
Every job cut, severance charge and restructuring Scansource reported in its annual reports, 2024 to 2026, quoted from the filings. Headcount went from approximately 2,300 to approximately 2,100.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2024 | approximately 2,300 | As of June 30, 2024 |
| 10-K for 2025 | approximately 2,100 | As of June 30, 2025 |
| 10-K for 2026 | approximately 2,100 | As of June 30, 2026 |
Job cuts, severance and restructuring
Our summaryScanSource executed a cost reduction and restructuring program in its hardware business, expected to save about $10.0 million annually in SG&A expenses.
Word for word“In January 2024, as part of a strategic review of organizational structure and operations, we executed a cost reduction and restructurin g program to align our cost structure with demand expectations in our hardware business.” 10-K for 2024
Our summaryThe company recorded restructuring and other charges consisting of employee separation and benefit costs tied to its expense reduction and restructuring plans.
Word for word“Restructuring and other charges of $4.4 million related to employee separation and benefit costs in connection with our expense reduction and restructuring plans implemented during fiscal year 2024.” 10-K for 2024
Our summaryThe company reported employee separation and benefit costs of $4,358 thousand for fiscal 2024, with $1,629 thousand of accrued restructuring costs remaining at year end.
Word for word“The remaining balance as of June 30, 2024 of $ 1.6 million is expected to be paid through the third quarter of fiscal year 2025.” 10-K for 2024
Our summaryCompany executed a cost reduction and restructuring program as part of a strategic review of organizational structure and operations.
Word for word“In September 2024, as part of a strategic review of organizational structure and operations, the Company executed a cost reduction and restructuring program to align our cost structure with demand expectations in our business.” 10-K for 2025
Our summaryCompany executed an additional cost reduction and restructuring plan.
Word for word“In January 2025, we executed an additional cost reduction and restructuring plan.” 10-K for 2025
Our summaryCompany recorded employee separation and benefit costs under its restructuring programs during fiscal 2025.
Word for word“Restructuring and other charges of $5.4 million for the fiscal year ended June 30, 2025 increased $1.0 million compared to the prior year, which primarily related to employee separation and benefit costs in connection with our expense reduction and restructuring plans implemented during fiscal year 2025.” 10-K for 2025
Our summaryCompany executed cost reduction and restructuring programs in January 2024 and September 2024 under a strategic review of organizational structure.
Word for word“In January 2024 and September 2024, as part of a strategic review of organizational structure and operations, the Company executed cost reduction and restructuring programs to align our cost structure with demand expectations in our business.” 10-K for 2025
Our summaryThe company recorded restructuring and other charges, mainly employee separation and benefit costs from its expense reduction and restructuring plans, which were lower than the prior year.
Word for word“Restructuring and other charges of $1.8 million for the fiscal year ended June 30, 2026 decreased $3.6 million compared to the prior year, which primarily related to employee separation and benefit costs in connection with our expense reduction and restructuring plans.” 10-K for 2026
Our summaryThe company ran cost reduction and restructuring programs in three fiscal years as part of a strategic review, and the June 2026 actions are expected to produce annual savings in SG&A expenses.
Word for word“The actions taken in June 2026 are expected to result in approx imately $ 7.0 million in an nualized savings to selling, general and administrative expenses.” 10-K for 2026
| Fiscal year ended | Restructuring charges | Cash paid for restructuring |
|---|---|---|
| 2019-06-30 | $8.7 million | — |
| 2020-06-30 | $604,000 | — |
| 2021-06-30 | $9.3 million | $8.1 million |
| 2022-06-30 | $0 | $1.2 million |
| 2023-06-30 | $0 | — |
| 2024-06-30 | $4.4 million | $2.7 million |
| 2025-06-30 | $5.4 million | $6.5 million |
Scansource 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 Scansource’s annual reports (10-K for 2026, 10-K for 2025, 10-K for 2024) and the financial data it files with the SEC, as of 2026-08-20. 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.