Veon layoffs, on the record
Every job cut, severance charge and restructuring Veon reported in its annual reports, 2023 to 2025, quoted from the filings. Headcount went from 17,206 to 18,938.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 20-F for 2023 | 17,206 | December 31, 2023 |
| 20-F for 2024 | 18,027 | December 31, 2024 |
| 20-F for 2025 | 18,938 | December 31, 2025 |
Job cuts, severance and restructuring
Our summaryVEON plans to move its group headquarters from Amsterdam to the Dubai International Financial Center, and expects to incur employee severance costs from the move.
Word for word“We therefore risk losing valuable institutional knowledge and will incur employee severance costs in connection with our planned HQ move to Dubai.” 20-F for 2023
Our summaryMoved the Group headquarters from Amsterdam to the Dubai International Financial Center, offering relocation packages; some Amsterdam-based staff chose not to relocate and the company incurred employee severance costs.
Word for word“In connection with the move of our Group headquarters from Amsterdam to the Dubai International Financial Centre (DIFC), although we have offered Amsterdam-based headquarter employees relocation packages to move to Dubai, some have chosen not to relocate.” 20-F for 2024
Veon 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 Veon’s annual reports (20-F for 2025, 20-F for 2024, 20-F for 2023) and the financial data it files with the SEC, as of 2026-03-16. 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.