Texas Instruments layoffs, on the record
Every job cut, severance charge and restructuring Texas Instruments reported in its annual reports, 2023 to 2025, quoted from the filings. Headcount went from about 34,000 to about 33,000.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2023 | about 34,000 | December 31, 2023 |
| 10-K for 2024 | about 34,000 | December 31, 2024 |
| 10-K for 2025 | about 33,000 | At December 31, 2025 |
Job cuts, severance and restructuring
Our summaryThe filing reports restructuring charges/other of zero in 2023, after $257 million in 2022 tied to preproduction costs at the Lehi, Utah facility, which transitioned to cost of revenue.
Word for word“Restructuring charges/other in the year-ago period was $257 million due to preproduction costs at our Lehi, Utah, manufacturing facility.” 10-K for 2023
Our summaryRecorded a restructuring charges/other credit in 2024, primarily from a gain on the sale of a property; no layoff or severance program was reported.
Word for word“During 2024, restructuring charges/other was a credit of $ 124 million primarily due to a gain on the sale of a property.” 10-K for 2024
Our summaryThe company recorded restructuring charges and other items in 2025 to drive operational efficiencies, including planned closures of its two remaining 150mm factories, plus a non-cash goodwill impairment on custom ASIC products.
Word for word“Restructuring charges/other was $117 million due to efforts to drive operational efficiencies to support our long-term strategy, including the planned closures of our two remaining factories with 150mm production, as well as a non-cash goodwill impairment related to our custom ASIC products.” 10-K for 2025
Our summaryThe company reported that its 2025 restructuring charges include severance, benefits and other exit costs tied to its efficiency efforts and the planned closure of its two remaining 150mm factories.
Word for word“(a) Includes severance, benefits and other exit costs related to efforts to drive operational efficiencies to support our long-term strategy, including the planned closures of our two remaining factories with 150mm production.” 10-K for 2025
| Fiscal year ended | Restructuring charges | Cash paid for restructuring |
|---|---|---|
| 2016-12-31 | $25 million | $11 million |
| 2017-12-31 | $11 million | $21 million |
| 2018-12-31 | $6 million | $4 million |
| 2019-12-31 | −$36 million | $13 million |
| 2020-12-31 | $24 million | $8 million |
| 2021-12-31 | $54 million | $13 million |
Texas Instruments 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 Texas Instruments’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 2026-02-06. 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.