Simon Property layoffs, on the record
Every job cut, severance charge and restructuring Simon Property reported in its annual reports, 2023 to 2025, quoted from the filings. Headcount went from approximately 3,000 to approximately 3,600.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2023 | approximately 3,000 | At December 31, 2023 |
| 10-K for 2024 | approximately 3,000 | December 31, 2024 |
| 10-K for 2025 | approximately 3,600 | At December 31, 2025 |
Job cuts, severance and restructuring
Our summaryCatalyst, an equity investee, carried out restructuring activities in 2025 that produced a net pre-tax loss, and the company recorded its share of that loss.
Word for word“During 2025, Catalyst recognized a net pre-tax loss on restructuring activities, our share of which was $ 9.4 million, which is included in (Loss) gain due to disposal, exchange, or revaluation of equity interests, net in the consolidated statement of operations and comprehensive income.” 10-K for 2025
Simon Property 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 Simon Property’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 2026-02-25. 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.