Verint Systems layoffs, on the record
Every job cut, severance charge and restructuring Verint Systems reported in its annual reports, 2023 to 2025, quoted from the filings.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2023 | approximately 4,300 employees | January 31, 2023 |
| 10-K for 2024 | approximately 3,700 | As of January 31, 2024 |
| 10-K for 2025 | approximately 3,800 employees plus a few hundred contractors | As of January 31, 2025 |
Job cuts, severance and restructuring
Our summaryIsraeli severance expense was reported for the fiscal year (not a layoff or restructuring program); the filing gives the amount for the year ended January 31, 2023.
Word for word“Severance expenses for our Israeli employees for the years ended January 31, 2023, 2022, and 2021 were $ 1.6 million, $ 1.3 million, and $ 1.1 million, respectively.” 10-K for 2023
Our summaryHeadcount was reduced, mainly because the company divested its manual quality managed services business.
Word for word“The majority of the headcount reduction during the year ended January 31, 2024 was related to the divestment of our services business for manual quality managed services.” 10-K for 2024
| Fiscal year ended | Severance costs |
|---|---|
| 2017-01-31 | $6.4 million |
| 2018-01-31 | $7.1 million |
| 2019-01-31 | $13.3 million |
| 2020-01-31 | $1.1 million |
| 2021-01-31 | $1.1 million |
| 2022-01-31 | $1.3 million |
| 2023-01-31 | $1.6 million |
| 2024-01-31 | $1.7 million |
| 2025-01-31 | $1.6 million |
Verint Systems 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 Verint Systems’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 2025-03-26. 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.