FTI Consulting cuts about 4% of its workforce, SEC filing shows

FTI Consulting said in an SEC filing that it is cutting about 4% of its workforce of more than 8,200 employees. It took a $46.0 million third-quarter charge for the move.

In this brief: 3 sections 1 min read

- The 8-K says the reduction affects approximately 4% of the workforce. FTI does not give a head count; 4% of 8,200 would be roughly 330 people, but that is an estimate, not a company figure.
- The plan began in the third quarter. All affected employees were notified by October 29, with terminations spread across the third and fourth quarters of 2026.
- Q3 special charge of $46.0 million: $45.5 million salary and benefits, $0.5 million non-cash real estate. Q4 charge expected at about $7 million, about $2 million of it salary and benefits and about $5 million real estate.

Read full analysis on sec.gov

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