Service Corp International layoffs, on the record
Every job cut, severance charge and restructuring Service Corp International reported in its annual reports, 2023 to 2025, quoted from the filings.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2023 | 17,612 full-time individuals and 7,310 part-time individuals | At December 31, 2023 |
| 10-K for 2024 | 17,685 full-time individuals and 7,268 part-time individuals | At December 31, 2024 |
| 10-K for 2025 | 17,869 full-time individuals and 7,318 part-time individuals | December 31, 2025 |
Job cuts, severance and restructuring
Our summaryIn 2022 the company terminated its Directors' Plan and amended its Senior SERP to end participation of all active employees, paying out benefits in a discounted lump sum.
Word for word“In 2022, we terminated our Directors' Plan and amended Senior SERP to terminate the participation of all our active employees and paid out, in a discounted lump sum, all benefits to the participants or their heirs in the amount of $1.5 million.” 10-K for 2023
Our summaryRecognized a restructuring charge tied to retirements and position eliminations of various home office and corporate positions as part of ongoing cost management.
Word for word“During the fourth quarter of 2024, we recognized a restructuring charge of $11.5 million, which included the retirements and position eliminations of various home office and corporate positions as part of ongoing cost management.” 10-K for 2024
Our summaryThe company recorded a small restructuring charge in 2025, mainly for professional fees tied to carrying out and finishing restructuring actions.
Word for word“In 2025, we recognized a restructuring charge of $2.0 million, primarily due to professional fees incurred in connection with the implementation and completion of restructuring actions.” 10-K for 2025
Our summaryThe company paid out deferred compensation arrangements, mostly for retired executives, and other restructuring-related charges.
Word for word“We paid $21.6 million of deferred compensation arrangements primarily associated with retired executives and other restructuring related charges during 2025.” 10-K for 2025
Our summaryThe company recorded a restructuring charge in 2024 that covered retirements and position eliminations in home office and corporate roles as part of ongoing cost management.
Word for word“In 2024, we recognized a restructuring charge of $11.5 million, which included the retirements and position eliminations of various home office and corporate positions as part of ongoing cost management.” 10-K for 2025
| Fiscal year ended | Restructuring charges |
|---|---|
| 2022-12-31 | $0 |
| 2023-12-31 | $0 |
| 2024-12-31 | $11.5 million |
| 2025-12-31 | $2 million |
Service Corp International 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 Service Corp International’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 2026-02-12. 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.