Teradyne layoffs, on the record
Every job cut, severance charge and restructuring Teradyne reported in its annual reports, 2023 to 2025, quoted from the filings. Headcount went from approximately 6,500 to approximately 6,600.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2023 | approximately 6,500 | As of December 31, 2023 |
| 10-K for 2024 | approximately 6,500 | December 31, 2024 |
| 10-K for 2025 | approximately 6,600 | December 31, 2025 |
Job cuts, severance and restructuring
Our summaryTeradyne recorded severance charges tied to headcount reductions of 215 people, mainly in Semiconductor Test and Robotics, including a voluntary early retirement program.
Word for word“During the year ended December 31, 2023, Teradyne recorded $ 14.7 million of severance charges related to headcount reductions of 215 people primarily in Semiconductor Test and Robotics, which included charges related to a voluntary early retirement program for employees meeting certain conditions, a $ 3.1 million of acquisition and divestiture expenses related to Technoprobe transaction, a $ 1.5 million contract termination charge, and a charge of $ 1.1 million for an increase in environmental liability.” 10-K for 2023
Our summaryTeradyne recorded special termination benefit charges associated with a voluntary early retirement program.
Word for word“During the twelve months ended December 31, 2023, Teradyne recorded special termination benefit charges associated with a voluntary early retirement program.” 10-K for 2023
Our summaryTeradyne recorded severance charges primarily in Robotics for 2022.
Word for word“During the year ended December 31, 2022, Teradyne recorded a charge of $ 14.7 million related to the arbitration claim filed against Teradyne and AutoGuide related to an earn-out dispute, which was settled on March 25, 2022 for $ 26.7 million, $ 2.9 million of severance charges primarily in Robotics, and a charge of $ 2.7 million for an increase in environmental and legal liabilities, partially offset by a $ 3.4 million gain on sale of asset.” 10-K for 2023
Our summaryRecorded severance charges tied to headcount reductions of 98 people, mainly in Robotics and Semiconductor Test, including a voluntary early retirement program.
Word for word“During the year ended December 31, 2024, we recorded $5.2 million of severance charges related to headcount reductions of 98 people primarily in Robotics and Semiconductor Test, which included charges related to a voluntary early retirement program for employees meeting certain conditions, $3.6 million of acquisition and divestiture expenses, and $1.3 million of charges related to lease terminations.” 10-K for 2024
Our summaryRecorded severance charges tied to headcount reductions of 215 people, mainly in Semiconductor Test and Robotics, including a voluntary early retirement program.
Word for word“During the year ended December 31, 2023, we recorded a charge of $14.7 million of severance charges related to headcount reductions of 215 people primarily in Semiconductor Test and Robotics, which included charges related to a voluntary early retirement program for employees meeting certain conditions, $3.1 million of acquisition and divestiture expenses related to the Technoprobe transaction, a $1.5 million contract termination charge, and a charge of $1.1 million for an increase in environmental liabilities.” 10-K for 2024
Our summaryTeradyne recorded severance charges in 2025, most of them for the Robotics restructuring, which affected about 400 employees.
Word for word“During the year ended December 31, 2025, we recorded $29.4 million of severance charges, $24.3 million of which is related to the Robotics restructuring which impacted approximately 400 employees, $1.8 million of which was related to Product Test and $1.6 million of which was related to Semiconductor Test.” 10-K for 2025
Our summaryTeradyne paid part of the Robotics severance in 2025 and expects to pay the rest by the end of the third quarter of 2026.
Word for word“During the year ended December 31, 2025, we made $15.3 million of Robotics severance payments.” 10-K for 2025
| Fiscal year ended | Severance costs |
|---|---|
| 2016-12-31 | $2.1 million |
| 2017-12-31 | $1.4 million |
| 2022-12-31 | $2.9 million |
| 2023-12-31 | $14.7 million |
| 2024-12-31 | $5.2 million |
| 2025-12-31 | $29.4 million |
Teradyne 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 Teradyne’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 2026-02-19. 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.