FTI CONSULTING, INC (FCN): restructuring charge — FTI Consulting Q4 revenue down 3% to $894.9M, EPS $1.38; cuts 4% of staff; guides FY2025 revenue $3.66B-$3.81B

FTI CONSULTING, INC

2024-FY EPS reported $7.81 revenue$3,698,652,000

Q4 2024 revenue $894.9M (-3.2% YoY); EPS $1.38 vs $2.28; Adj. EPS $1.56 vs $2.28.
FY2024 record revenue $3.699B (+6% YoY); EPS $7.81 vs $7.71; Adj. EPS $7.99 vs $7.71.
Workforce reduction: terminating ~4% of >8,300 employees; total charge ~$25M; expects $70M cost savings in FY2025.
FY2025 guidance: revenue $3.66B-$3.81B; EPS $7.44-$8.24; Adj. EPS $7.80-$8.60.
Segment: Corp Fin & Restructuring rev -8.2%, Technology -10.2%, Econ flat, FLC +6.3%, Strat Comms flat.

item 2.02 item 2.05 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Restructurings & Charges SEC 8-K Item 2.05/2.06 confidence 0.9

FTI CONSULTING, INC announced a restructuring with charges of approximately $25 million affecting workforce (approximately 4% of the Company’s more than 8,300 employees).

Type: restructuring
Charge: approximately $25 million
Affected area: workforce
Headcount: approximately 4% of the Company’s more than 8,300 employees

Exact text from the filing

During the fourth quarter ended December 31, 2024, the Company continued to evaluate components of its workforce, to better align our investment with external market demands. Beginning in October 2024 and continuing into the first quarter of 2025, this evaluation resulted in the Company terminating approximately 4% of the Company’s more than 8,300 employees. All affected employees will be released subject to defined notice periods. The Company estimates that the termination costs associated with these personnel reductions will be approximately $25 million for the fourth quarter of 2024 and first quarter of 2025 combined.

View on SEC.gov

Browse all restructurings & charges →

FTI CONSULTING, INC filing history →

Source: SEC EDGAR

accession 0001193125-25-032026

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.