Shift4 Payments layoffs, on the record
Every job cut, severance charge and restructuring Shift4 Payments reported in its annual reports, 2023 to 2025, quoted from the filings. Headcount went from 3,030 to approximately 6,300.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2023 | 3,030 | December 31, 2023 |
| 10-K for 2024 | approximately 4,000 | December 31, 2024 |
| 10-K for 2025 | approximately 6,300 | December 31, 2025 |
Job cuts, severance and restructuring
Our summaryReported $4.6 million of restructuring costs within acquisition, restructuring and integration costs for 2023, without describing any layoff or workforce reduction.
Word for word“(a) For the year ended December 31, 2023, primarily consisted of $23.2 million of acquisition-related costs and $4.6 million of restructuring costs.” 10-K for 2023
Our summaryThe company reported restructuring costs of $18.6 million for 2024, included in acquisition, restructuring and integration costs.
Word for word“For the year ended December 31, 2024, primarily consisted of $19.7 million of acquisition-related costs and $18.6 million of restructuring costs.” 10-K for 2024
Our summaryThe company reported acquisition, restructuring and integration costs of $38.8 million for 2024, compared with $28.3 million for 2023.
Word for word“Acquisition, restructuring and integration costs (a) 38.8 28.3 Revaluation of contingent liabilities (b) 4.0 23.1 Impairment of intangible assets — 18.6 Gain on investments in securities (c) (66.7) (12.2) Change in TRA liability (d) 289.0 3.4 Equity-based compensation (e) 67.9 59.1 Foreign exchange and other nonrecurring items (f) 21.3 5.3 Adjusted EBITDA $ 677.4 $ 459.9 (a) For the year ended December 31, 2024, primarily consisted of $19.7 million of acquisition-related costs and $18.6 million of restructuring costs.” 10-K for 2024
Our summaryThe company recorded restructuring and other costs as part of its acquisition, restructuring and integration costs for 2025.
Word for word“(a) For the year ended December 31, 2025, consisted of $47 million of acquisition-related costs and $37 million of restructuring and other costs.” 10-K for 2025
| Fiscal year ended | Restructuring charges | Cash paid for restructuring |
|---|---|---|
| 2018-12-31 | $20.1 million | — |
| 2019-12-31 | $3.8 million | $3.7 million |
| 2020-12-31 | $400,000 | $3.2 million |
| 2021-12-31 | $200,000 | $1.6 million |
Shift4 Payments 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 Shift4 Payments’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 2026-02-27. 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.