Snowflake layoffs, on the record
Every job cut, severance charge and restructuring Snowflake reported in its annual reports, 2024 to 2026, quoted from the filings. Headcount went from 7,004 to 9,060.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2024 | 7,004 | January 31, 2024 |
| 10-K for 2025 | 7,834 | January 31, 2025 |
| 10-K for 2026 | 9,060 | January 31, 2026 |
Job cuts, severance and restructuring
Our summaryCompany incurred costs tied to a restructuring plan for a majority-owned subsidiary, recorded in cost of product revenue.
Word for word“The remaining increase in cost of product revenue was primarily attributable to $7.7 million in costs incurred by us during fiscal 2025 in connection with a restructuring plan for a majority-owned subsidiary.” 10-K for 2025
Our summaryCompany incurred costs tied to a restructuring plan for a majority-owned subsidiary, recorded in research and development expenses.
Word for word“The remaining increase in research and development expenses for the fiscal year ended January 31, 2025 was primarily attributable to $11.0 million in costs incurred by us during fiscal 2025 in connection with a restructuring plan for a majority-owned subsidiary.” 10-K for 2025
Our summaryThe company recorded a lower cost of product revenue because costs from a restructuring plan at a majority-owned subsidiary fell by $12.7 million, net of income and recoveries.
Word for word“The overall increase in cost of product revenue was partially offset by a decrease of $12.7 million in costs incurred by us in connection with a restructuring plan for a majority-owned subsidiary, net of associated income and recoveries.” 10-K for 2026
Our summaryThe company recorded lower research and development expenses because costs from a restructuring plan at a majority-owned subsidiary fell by $17.0 million, net of income and recoveries.
Word for word“The overall increase in research and development expenses for the fiscal year ended January 31, 2026 was partially offset by a decrease of $17.0 million in costs incurred by us in connection with a restructuring plan for a majority-owned subsidiary, net of associated income and recoveries.” 10-K for 2026
Snowflake 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 Snowflake’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 2026-03-20. 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.