Veradigm layoffs, on the record
Every job cut, severance charge and restructuring Veradigm reported in its annual reports, 2021 to 2024, quoted from the filings. Headcount went from nearly 8,000 to approximately 2,598.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2021 | nearly 8,000 | December 31, 2021 |
| 10-K for 2022 | approximately 2,450 | December 31, 2022 |
| 10-K for 2024 | approximately 2,598 | As of December 31, 2024 |
Job cuts, severance and restructuring
Our summaryFormer CEO Paul M. Black left the company in June 2022 under a separation agreement that provided severance payments and accelerated equity vesting.
Word for word“Pursuant to the terms of the Black Separation Agreement, Mr. Black became entitled to: (i) a separation payment equal to two times the sum of his base salary and target annual bonus ($5,150,000), payable in substantially equal installments over the 24-month period following his separation, (ii) continued participation in Company health and dental benefit plans at active employee rates for up to 24 months ($20,981), and (iii) accelerated vesting of the RSU and PSU awards granted to him in 2020 and 2021, with the number of shares vested determined based on actual performance with respect to the PSUs and on (x) the number of shares that would have vested as of the one-year anniversary of the termination date had Mr. Black remained employed through such date, and (y) the number of shares that would have vested on the next scheduled vesting date following the termination date, prorated based on the number of days elapsed since the previous vesting date ($20,277,611).” 10-K for 2022
Our summaryFormer executive Ms. Jones received severance under a separation agreement.
Word for word“Pursuant to the terms of the Jones Separation Agreement, Ms. Jones became entitled to the following severance benefits: (i) base salary continuation for six months (i.e., a total amount of $200,000), (ii) continued participation in Company health and dental benefit plans at active employee rates for 12 months and (iii) certain outplacement services.” 10-K for 2022
Our summaryThe company noted that it experienced a number of senior leadership changes in 2022, including departures.
Word for word“As noted above, in 2022, the Company experienced a number of senior leadership changes, including the departure of Mr.” 10-K for 2022
Our summaryResearch and development expenses rose in the first quarter of 2023 mainly because of severance expense from staff reductions.
Word for word“Research and development expenses increased $3.5 million for the three months ended March 31, 2023, compared to the prior year comparable period, primarily due to severance expense of $1.8 million as a result of staff reductions and a decrease in capitalization of developed software of $1.7 million.” 10-K for 2024
Our summaryThe company said it has taken actions to restructure its operations as part of its reset, recover, reignite strategy.
Word for word“As part of our “reset, recover, reignite” strategy, we have taken actions to restructure our operations.” 10-K for 2024
Veradigm 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 Veradigm’s annual reports (10-K for 2024, 10-K for 2022, 10-K for 2021) and the financial data it files with the SEC, as of 2026-05-26. 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.