Steris layoffs, on the record
Every job cut, severance charge and restructuring Steris reported in its annual reports, 2024 to 2026, quoted from the filings. Headcount went from 18,179 to approximately 18,000.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2024 | 18,179 | — |
| 10-K for 2025 | approximately 18,000 | during the course of fiscal 2025 |
| 10-K for 2026 | approximately 18,000 | fiscal 2026 |
Job cuts, severance and restructuring
Our summaryAdopted and announced a targeted restructuring plan including a strategic shift in the Healthcare surgical business in Europe, with fewer than 300 positions being eliminated.
Word for word“Less than 300 positions are being eliminated.” 10-K for 2024
Our summaryRecorded severance and other compensation related costs under the Restructuring Plan in fiscal 2025.
Word for word“The following table summarizes our total pre-tax restructuring expenses recorded in fiscal 2025 related to the Restructuring Plan: Restructuring Plan Years Ended March 31, (dollars in thousands) 2025 2024 Severance and other compensation related costs $ 29,030 $ 678 Lease and other contract termination and other costs 12,358 — Product rationalization (1) 16,232 18,320 Accelerated depreciation and amortization and asset impairment 4,655 25,392 Total Restructuring Expense $ 62,275 $ 44,390 (1) Recorded in Cost of revenues on the Consolidated Statements of Income.” 10-K for 2025
Our summaryThe company adopted and announced a targeted restructuring plan covering a shift in its European Healthcare surgical business, product rationalizations, facility consolidations and an asset impairment.
Word for word“In May 2024, we adopted and announced a targeted restructuring plan (the "Restructuring Plan").” 10-K for 2026
Our summaryThe company has recorded total pre-tax restructuring expense under the plan since it began, and says the plan is substantially complete.
Word for word“Total pre-tax restructuring expense of $ 110.1 million has been recorded relating to the Restructuring Plan since inception, of which $ 33.9 million has been recorded in Cost of revenues.” 10-K for 2026
| Fiscal year ended | Restructuring charges |
|---|---|
| 2017-03-31 | $215,000 |
| 2018-03-31 | $103,000 |
| 2019-03-31 | $40.7 million |
| 2020-03-31 | $3.1 million |
| 2021-03-31 | −$3 million |
| 2022-03-31 | $48,000 |
| 2023-03-31 | $485,000 |
| 2024-03-31 | $44.4 million |
| 2025-03-31 | $62.3 million |
| 2026-03-31 | $3.4 million |
Steris filed 2 restructuring notices (Form 8-K, Item 2.05) since 2016. This page shows what the company reported to the SEC, not news reports or state layoff notices.
Read from Steris’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 2026-05-29. 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.