Synaptics layoffs, on the record
Every job cut, severance charge and restructuring Synaptics reported in its annual reports, 2024 to 2026, quoted from the filings. Headcount went from 1,716 to approximately 1,700.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2024 | 1,716 | June 2024 |
| 10-K for 2025 | approximately 1,700 | June 2025 |
| 10-K for 2026 | approximately 1,700 | June 2026 |
Job cuts, severance and restructuring
Our summaryRecorded restructuring and related charges, mainly severance, to streamline operations and reduce costs.
Word for word“During fiscal 2024 , we recorded restructuring and related charges of $ 10.5 million in our consolidated statements of operations.” 10-K for 2024
Our summaryInitiated a new restructuring action, mainly severance and one-time termination benefits, to reduce the cost structure and free up resources for product development.
Word for word“We expect to record restructuring charges from this restructuring action of approximately $ 14.0 million to $ 16.0 million in fiscal 2025.” 10-K for 2024
Our summaryRecorded restructuring charges to improve efficiencies and gain synergies from the DSPG acquisition; these actions were complete by the end of fiscal 2022.
Word for word“During fiscal 2022 , we recorded restructuring and related charges of $ 18.3 million in our consolidated statements of operations.” 10-K for 2024
Our summarySynaptics initiated a restructuring action (Fiscal 2025 Restructuring Plan) to focus on growth initiatives, reduce costs and align the business with market conditions, mainly involving employee severance and a write-off of property and equipment, plus early termination of office leases.
Word for word“A restructuring plan was initiated during the first quarter of fiscal 2025 ("Fiscal 2025 Restructuring Plan") primarily intended to focus on key growth initiatives, reduce costs and align our business in response to market conditions.” 10-K for 2025
Our summarySynaptics recorded Fiscal 2025 restructuring charges, mainly severance and one-time termination benefits plus a write-off of property and equipment, and expects the actions to be completed by the end of the first quarter of fiscal 2026.
Word for word“During fiscal 2025, we recorded restructuring charges of $ 16.4 million, which were mainly comprised of severance and one-time termination benefits as well as a write-off of property and equipment.” 10-K for 2025
Our summarySynaptics carried out a Fiscal 2024 restructuring plan intended to improve operational efficiencies and decrease costs, mainly involving severance and one-time termination benefits; all its actions were completed by the end of fiscal 2025.
Word for word“As of the end of fiscal 2025, all actions relating to the Fiscal 2024 Restructuring Plan have been completed.” 10-K for 2025
Our summaryThe company reported that restructuring costs primarily reflect employee severance and facilities consolidation costs, with headcount-related costs covering operations, research and development, and selling, general and administrative staff.
Word for word“These headcount-related costs included personnel in operations, research and development and selling, general and administrative functions.” 10-K for 2025
Our summaryThe company recorded restructuring costs, mainly employee severance and facilities consolidation, for restructuring actions in fiscal 2026 and 2025.
Word for word“Restructuring costs incurred in fiscal 2026 and 2025 were $3.3 million and $16.9 million, respectively.” 10-K for 2026
Our summaryThe company started a fiscal 2026 restructuring plan to streamline resources and cut operating costs, with charges mainly for severance and one-time termination benefits.
Word for word“A restructuring plan was initiated during the first and fourth quarters of fiscal 2026 (“Fiscal 2026 Restructuring Plan”) to streamline and optimize resources and to reduce operating costs.” 10-K for 2026
| Fiscal year ended | Restructuring charges | Restructuring costs incurred | Cash paid for restructuring |
|---|---|---|---|
| 2017-06-24 | $7.3 million | — | — |
| 2017-06-30 | — | — | $12.6 million |
| 2019-06-29 | $17.7 million | — | — |
| 2020-06-27 | $33 million | — | $32.1 million |
| 2021-06-26 | $7.4 million | $7.4 million | $13.3 million |
| 2022-06-25 | $18.3 million | $18.3 million | $17.1 million |
| 2023-06-24 | $0 | — | $1.4 million |
| 2025-06-28 | $16.9 million | — | $16.9 million |
| 2026-06-27 | $3.3 million | — | $2.5 million |
Synaptics 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 Synaptics’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 2026-08-10. 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.