Udr layoffs, on the record
Every job cut, severance charge and restructuring Udr reported in its annual reports, 2023 to 2025, quoted from the filings.
Job cuts, severance and restructuring
Our summaryUDR severance benefits were tied to the retirement of an executive officer and a reorganization of certain departments, which raised general and administrative expense.
Word for word“an increase in general and administrative expenses of $14.4 million primarily attributable to severance benefits associated with the retirement of an executive officer and the reorganization of certain departments, higher incentive and bonus accruals primarily driven by better Company performance, and 50 Table of Contents annual market increases for personnel compensation during the year ended December 31, 2024, as compared to the same period in 2023;” 10-K for 2024
Our summaryThe company adopted an Executive Severance Plan for selected executive officers, including the CFO and COO, that pays severance and benefits if they are terminated without cause or following a constructive termination.
Word for word“The Severance Plan provides for payment of severance and other benefits to eligible executives in the event of a termination of employment with the Company without cause or following a constructive termination (each as defined in the Severance Plan and each, a “covered termination”), in each case, subject to the (i) executive’s execution and non-revocation of a general release of claims in favor of the Company and (ii) continued compliance with the restrictive covenants related to post-employment non-solicitation and non-competition for 12 months following any termination of employment and indefinite covenants covering confidentiality and non-disparagement.” 10-K for 2025
Udr 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 Udr’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 2026-02-17. 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.