UL Solutions layoffs, on the record
Every job cut, severance charge and restructuring UL Solutions reported in its annual reports, 2024 to 2025, quoted from the filings.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2024 | 14,813 full-time employees and 281 part-time employees | December 31, 2024 |
| 10-K for 2025 | 14,587 full-time employees and 264 part-time employees | December 31, 2025 |
Job cuts, severance and restructuring
Our summaryRestructuring expense recorded in 2024 as an adjustment to net income in the Adjusted EBITDA reconciliation.
Word for word“Restructuring (1) 4 — Adjusted EBITDA $ 656 $ 563 $ 547 Revenue $ 2,870 $ 2,678 $ 2,520 Net income margin 12.0 % 10.3 % 12.3 % Adjusted EBITDA margin 22.9 % 21.0 % 21.7 % 81 The table below reconciles segment operating income to segment Adjusted EBITDA.” 10-K for 2024
Our summaryThe company announced an expense reduction initiative, called the Restructuring Plan, to improve its operating model and exit certain lines of business that are no longer strategically important.
Word for word“In November 2025, we announced an expense reduction initiative to further improve our operating model and exit certain lines of business that are no longer considered strategically important to us (the “Restructuring Plan”).” 10-K for 2025
| Fiscal year ended | Restructuring charges |
|---|---|
| 2023-12-31 | $4 million |
| 2024-12-31 | −$1 million |
| 2025-12-31 | $35 million |
UL Solutions filed 1 restructuring notice (Form 8-K, Item 2.05) since 2016. This page shows what the company reported to the SEC, not news reports or state layoff notices.
Read from UL Solutions’s annual reports (10-K for 2025, 10-K for 2024) 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.