Telephone & Data Systems layoffs, on the record
Every job cut, severance charge and restructuring Telephone & Data Systems reported in its annual reports, 2023 to 2025, quoted from the filings. Headcount went from approximately 4,300 to approximately 3,500.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2023 | approximately 4,300 | — |
| 10-K for 2024 | approximately 4,100 | — |
| 10-K for 2025 | approximately 3,500 | — |
Job cuts, severance and restructuring
Our summaryUScellular recorded severance and related expenses tied to a reduction in workforce.
Word for word“Total operating expenses Total operating expenses in 2023 include $9 million of severance and related expenses associated with a reduction in workforce that was recorded in the first quarter of 2023.” 10-K for 2023
Our summaryUScellular expects the closing of the T-Mobile transaction to trigger or accelerate obligations including employee compensation and severance, restructuring expenses and other wind down costs.
Word for word“To effect the disposition and wind down of the wireless operations in accordance with the terms of the Securities Purchase Agreement, UScellular expects that if the closing of the transaction were to occur that such closing will trigger or accelerate the recognition of certain cash and non-cash obligations.” 10-K for 2024
Our summaryThe closing of the wireless sale to T-Mobile triggered recognition of cash and non-cash obligations, including employee severance and restructuring expenses.
Word for word“Such obligations include contingent advisory fees, employee compensation and severance, employee stock award costs, debt extinguishment, income tax expense, administrative costs and restructuring expenses.” 10-K for 2025
Our summaryThe company expects to keep incurring restructuring expenses and wind down costs as the strategic alternatives process is completed.
Word for word“Significant additional transaction costs related to pending and potential future spectrum sales, ongoing restructuring expenses and wind down costs have been incurred and are expected to be incurred into the foreseeable future as the strategic alternatives process is completed.” 10-K for 2025
Telephone & Data Systems 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 Telephone & Data Systems’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 2026-02-24. 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.