Stratrix
On the Record · SelectQuote

SelectQuote layoffs, on the record

Every job cut, severance charge and restructuring SelectQuote reported in its annual reports, 2024 to 2026, quoted from the filings.

Headcount, as reported

Annual reportEmployeesAs of
10-K for 20241,335 agents and 2,957 non-agent full-time equivalent employeesJune 30, 2024
10-K for 20251,181 agents and 3,088 non-agent full-time equivalent employeesJune 30, 2025
10-K for 20261,098 agents and 2,941 non-agent full-time equivalent employeesJune 30, 2026

Job cuts, severance and restructuring

  1. Our summaryThe company reports non-restructuring severance expenses included within transaction costs for fiscal 2024. Cost: $ 2.4 million

    Word for word“These expenses primarily consist of financing transaction costs ($ 9.1 million) and non-restructuring severance expenses ($ 2.4 million).” 10-K for 2024
  2. Our summaryThe company reports non-restructuring severance expenses included within transaction costs for fiscal 2023. Cost: $ 0.9 million

    Word for word“These expenses primarily consist of costs related to the Fourth Amendment to the Senior Secured Credit Facility ($ 3.0 million), financing transaction costs ($ 1.5 million), and non-restructuring severance expenses ($ 0.9 million).” 10-K for 2024
  3. Our summaryThe company reports severance expenses included within non-recurring expenses for fiscal 2022. Cost: $ 1.2 million

    Word for word“These expenses primarily consist of costs incurred for amendments to the Senior Secured Credit Facility ($ 2.8 million), costs related to acquisitions ($ 0.6 million), and severance expenses ($ 1.2 million).” 10-K for 2024
  4. Our summaryCorporate segment expenses included non-restructuring severance expenses, reported as part of transaction and other costs.

    Word for word“(6) These expenses primarily consist of non-restructuring severance expenses ($ 0.8 million) and financing transaction costs ($ 13.8 million).” 10-K for 2025
As filedReported in the company's financial data (XBRL), each linked to its filing
Fiscal year endedSeverance costs
2022-06-30$1.2 million
2023-06-30$900,000
2024-06-30$2.4 million
2025-06-30$800,000

SelectQuote 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 SelectQuote’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 2026-08-25. 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.