Ventas layoffs, on the record
Every job cut, severance charge and restructuring Ventas reported in its annual reports, 2023 to 2025, quoted from the filings.
Job cuts, severance and restructuring
Our summaryVentas reported transaction, transition and restructuring costs of $15.2 million in 2023, down from $30.9 million in 2022.
Word for word“Transaction, transition and restructuring costs (15,215) (30,884) 15,669 50.7 Allowance on loans receivable and investments 20,270 (19,757) 40,027 nm Gain on foreclosure of real estate 29,127 — 29,127 100.0 Shareholder relations matters — (20,693) 20,693 100.0 Other income (expense) 23,001 (58,268) 81,269 139.5 Loss before unconsolidated entities, real estate dispositions, income taxes and noncontrolling interests (115,581) (94,137) (21,444) (22.8) Income from unconsolidated entities 13,626 28,500 (14,874) (52.2) Gain on real estate dispositions 62,119 7,780 54,339 nm Income tax benefit 9,539 16,926 (7,387) (43.6) Loss from continuing operations (30,297) (40,931) 10,634 26.0 Net loss (30,297) (40,931) 10,634 26.0 Net income attributable to noncontrolling interests 10,676 6,516 4,160 63.8 Net loss attributable to common stockholders $ (40,973) $ (47,447) $ 6,474 13.6 % ______________________________ nm—not meaningful NOI—SHOP The following table summarizes results of operations in our SHOP segment, including assets sold or classified as held for sale as of December 31, 2023 (dollars in thousands): For the Years Ended December 31, Increase (Decrease) to NOI 2023 2022 $ % NOI—SHOP: Resident fees and services $ 2,959,219 $ 2,651,886 $ 307,333 11.6 % Less: Property-level operating expenses (2,247,812) (2,004,420) (243,392) (12.1) NOI $ 711,407 $ 647,466 $ 63,941 9.9 % 52 Number of Properties at December 31, Average Unit Occupancy for the Years Ended December 31, Average Monthly Revenue Per Occupied Room for the Years Ended December 31, 2023 2022 2023 2022 2023 2022 Total communities 587 544 81.4 % 80.8 % $ 4,684 $ 4,396 Resident fees and services include all amounts earned from residents at our senior housing communities, such as rental fees related to resident leases, extended health care fees and other ancillary service income.” 10-K for 2023
Our summaryVentas reported that transaction, transition and restructuring costs decreased mainly because restructuring charges in 2022 fell by $7.3 million after the departure of an executive leadership team member.
Word for word“The $15.7 million decrease in transaction, transition and restructuring costs in 2023 over the prior year was primarily due to a $7.3 million decrease in restructuring charges incurred in 2022 in connection with the departure of an executive leadership team member and a $6.7 million decrease in transition costs incurred in 2022 in connection with properties that have undergone operator or business model transitions.” 10-K for 2023
Our summaryVentas recorded transaction, transition and restructuring costs in 2024, primarily tied to costs of amending the Kindred Master Lease. The filing does not describe any workforce reduction or severance.
Word for word“The $5.2 million increase in transaction, transition and restructuring costs in 2024 over the prior year was primarily due to costs incurred in connection with the amendment of the Kindred Master Lease.” 10-K for 2024
Our summaryVentas reported lower transaction, transition and restructuring costs in 2025 than in 2024, mainly tied to properties converted from its triple-net segment to its senior housing operating segment.
Word for word“The $10.3 million decrease in transaction, transition and restructuring costs in 2025 over the prior year was primarily due to lower average net costs primarily related to properties converted from our NNN to SHOP segment.” 10-K for 2025
Ventas 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 Ventas’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.