Synopsys layoffs, on the record
Every job cut, severance charge and restructuring Synopsys reported in its annual reports, 2023 to 2025, quoted from the filings. Headcount went from approximately 20,300 to approximately 28,000.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2023 | approximately 20,300 | fiscal 2023 year-end |
| 10-K for 2024 | approximately 20,000 | fiscal 2024 year-end |
| 10-K for 2025 | approximately 28,000 | As of fiscal 2025 year-end |
Job cuts, severance and restructuring
Our summaryInitiated a restructuring plan (the 2023 Plan) for involuntary employee terminations as part of a business reorganization, substantially completed in the third quarter of fiscal 2023.
Word for word“In the first quarter of fiscal 2023, we initiated a restructuring plan for involuntary employee terminations as part of a business reorganization (the 2023 Plan).” 10-K for 2023
Our summarySynopsys recorded restructuring charges under the 2023 Plan, consisting primarily of severance costs and facility exit costs, and reported a remaining restructuring liability at fiscal 2024 year-end.
Word for word“The 2023 Plan was substantially completed in the third quarter of fiscal 2023, and total charges under the 2023 Plan consisting primarily of severance costs and facility exit costs were $77.0 million, of which $23.9 million were related to discontinued operations.” 10-K for 2024
Our summaryAfter the Ansys Merger, the Board approved a new restructuring plan in November 2025 for involuntary employee terminations, expected to cost $300.0 million to $350.0 million, with most of the workforce reduction in fiscal 2026.
Word for word“Total charges under the 2026 Plan are expected to be in the range of $300.0 million and $350.0 million, and will consist primarily of severance costs, other one-time termination benefits and facility exit costs.” 10-K for 2025
| Fiscal year ended | Restructuring charges |
|---|---|
| 2016-10-31 | $9.6 million |
| 2017-10-31 | $36.6 million |
| 2018-10-31 | $12.9 million |
| 2019-10-31 | $47.2 million |
| 2020-10-31 | $36.1 million |
| 2021-10-31 | $33.4 million |
| 2022-10-31 | $11.2 million |
| 2023-10-31 | $53.1 million |
| 2024-10-31 | $0 |
| 2025-10-31 | $0 |
Synopsys 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 Synopsys’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 2025-12-22. 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.