Somnigroup International layoffs, on the record
Every job cut, severance charge and restructuring Somnigroup International reported in its annual reports, 2023 to 2025, quoted from the filings. Headcount went from approximately 12,000 to over 19,000.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2023 | approximately 12,000 | December 31, 2023 |
| 10-K for 2024 | approximately 12,000 | As of December 31, 2024 |
| 10-K for 2025 | over 19,000 | December 31, 2025 |
Job cuts, severance and restructuring
Our summaryThe company recorded restructuring costs of $10.0 million in 2022, mainly professional fees and headcount reductions tied to organizational changes.
Word for word“In the year ended December 31, 2022, we recorded $10.0 million of restructuring costs, primarily associated with professional fees and headcount reductions related to organizational changes, including $0.2 million of other expense.” 10-K for 2023
Our summaryThe company recorded acquisition-related costs after buying Mattress Firm, which included restructuring costs along with purchase accounting adjustments and professional fees.
Word for word“(1) In the year ended 2025, we recognized $114.2 million of acquisition-related costs following the Mattress Firm Acquisition, primarily related to one-time business combination accounting and purchase price allocation adjustments, professional fees and restructuring costs.” 10-K for 2025
Our summaryThe company recorded business combination charges tied to Mattress Firm that included restructuring costs, a floor model transition, a CEO transaction bonus and professional fees.
Word for word“(3) In the year ended 2025, we recognized $53.8 million of business combination charges related to the floor model transition associated with the refinement of Mattress Firm's multi-branded merchandising plan, the CEO transaction bonus, professional fees and restructuring costs.” 10-K for 2025
Our summaryThe company divested 73 Mattress Firm stores and its Sleep Outfitters subsidiary and recorded a loss on the disposal.
Word for word“(4) In the year ended 2025, we recorded a $13.9 million loss on disposal of business, net of proceeds of $9.0 million, associated with the divestiture of 73 Mattress Firm stores and our Sleep Outfitters subsidiary.” 10-K for 2025
Somnigroup 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 Somnigroup 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 2026-02-27. 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.