Toyota layoffs, on the record
Every job cut, severance charge and restructuring Toyota reported in its annual reports, 2023 to 2026, quoted from the filings. Headcount went from 375,235 to 390,927.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 20-F for 2023 | 375,235 | March 31, 2023 |
| 20-F for 2024 | 380,793 | March 31, 2024 |
| 20-F for 2025 | 383,853 | March 31, 2025 |
| 20-F for 2026 | 390,927 | March 31, 2026 |
Job cuts, severance and restructuring
None of Toyota’s annual reports for 2023 to 2026 describes a layoff, workforce reduction or restructuring.
Toyota 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 Toyota’s annual reports (20-F for 2026, 20-F for 2025, 20-F for 2024, 20-F for 2023) and the financial data it files with the SEC, as of 2026-06-10. 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.