Synopsys to Cut 10% of Workforce in Major Restructuring

Reuters
Yesterday
Synopsys to Cut 10% of Workforce in Major Restructuring

Synopsys Inc. has announced a major restructuring plan following its acquisition of ANSYS, Inc. The plan, approved by the company's Board of Directors on November 9, 2025, will result in the termination of approximately 10% of Synopsys' workforce as of the end of fiscal year 2025. The restructuring aims to enable greater investment in key growth opportunities and improve business efficiencies. Synopsys expects to incur pre-tax charges of between $300 million and $350 million, primarily related to severance, one-time termination benefits, and certain site closures. The majority of workforce reductions are expected in fiscal year 2026, with the restructuring plan substantially completed by the end of fiscal year 2027.

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