Trulieve Cannabis layoffs, on the record
Every job cut, severance charge and restructuring Trulieve Cannabis reported in its annual reports, 2023 to 2025, quoted from the filings. Headcount went from over 5,400 to over 5,000.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2023 | over 5,400 | December 31, 2023 |
| 10-K for 2024 | over 6,000 | December 31, 2024 |
| 10-K for 2025 | over 5,000 | December 31, 2025 |
Job cuts, severance and restructuring
Our summaryExecutive severance arrangement for the new President, Mr. Pernell, payable if he is terminated without Cause or resigns for Good Reason. This is an individual employment agreement term, not a workforce reduction.
Word for word“Mr. Pernell will be eligible to receive certain severance benefits in connection with a termination of his employment by the Company without Cause or by Mr. Pernell for Good Reason (each as defined in the Pernell Employment Agreement), in each case, subject to execution of a general release of claims.” 10-K for 2024
Trulieve Cannabis 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 Trulieve Cannabis’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 2026-02-26. 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.