SEI Investments layoffs, on the record
Every job cut, severance charge and restructuring SEI Investments reported in its annual reports, 2023 to 2025, quoted from the filings.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2023 | 5,061 full-time and 28 part-time | January 31, 2024 |
| 10-K for 2024 | 5,066 full-time and 32 part-time | December 31, 2024 |
| 10-K for 2025 | 4,997 full-time and 32 part-time employees | December 31, 2025 |
Job cuts, severance and restructuring
Our summaryThe company offered a voluntary separation program with severance and benefit continuation to long-tenured U.S. employees.
Word for word“The VSP was offered to long-tenured employees as part of its commitment to professional development and expanded responsibilities for current and new employees by increasing advancement opportunities.” 10-K for 2023
Our summaryThe company reversed previously recognized stock-option expense after cancelling option awards for employees in the voluntary separation program.
Word for word“During 2023 and 2022, the Company reversed previously recognized stock-option expense of $ 1,783 and $ 3,562 , respectively, as a result of the cancellation of certain stock option awards to employees participating in the voluntary separation program.” 10-K for 2023
Our summarySEI offered a voluntary separation program (VSP) to long-tenured employees in the United States, with a severance package and continued benefits.
Word for word“The VSP was made available to employees in the United States who met the long-term tenure requirements and included a severance package and the continuation of certain benefits based upon years of service.” 10-K for 2024
Our summaryCorporate overhead expenses rose in 2024, mainly due to severance costs along with other items.
Word for word“The increase in corporate overhead expenses during 2024 was primarily due to incentive compensation, severance costs, stock-based compensation costs and investments in upgrading and enhancing various technologies utilized by corporate overhead units.” 10-K for 2024
Our summaryThe company reduced its workforce in the fourth quarter of 2025 and incurred severance costs, which contributed to higher personnel costs.
Word for word“• The increase in personnel costs was primarily due to business growth, primarily in the Investment Managers segment, and severance costs incurred from a reduction in force in fourth quarter 2025.” 10-K for 2025
SEI Investments 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 SEI Investments’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 2026-02-23. 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.