What happened
CEO Stijn Bijnens announced the plan at a Capital Markets Day on 27 February 2026, paired with a €25m reduction in external-workforce costs by 2028.
Attribution and company response
Revenue held, staff cut. The published revenue comparison held or grew — €6.620bn reported income in FY2025, up 1.2%. This clears the tracker’s revenue screen; it does not prove AI substitution, completed departures or the absence of financial pressure.
What the figures show
WHO BENEFITS?
Shareholder distributions were announced; the record does not yet establish who gained from the workforce change.
- Business performance
- €6.620bn reported income in FY2025, up 1.2%
- Worker pay
- Comparable employee pay not yet verified
- Workforce impact
- 1,200 · 15%FEB 2026 · Scope of the reported event, not net job losses.
- Announced distributions
- €0.60 per share dividend proposedFor 2025 · Announced, not confirmed cash paid.
Two-year history · 8 quarters
Jul 2024–Jun 2026 · EUR millions · 5 of 7 measures cover every quarter. Checked 2026-09-22.
Each chart uses its own scale. Financial gains do not establish gains for workers or an effect caused by AI.
| Quarter ended | Reported total income | Net profit / loss | Operating cash | PP&E + intangibles | Buybacks paid | Dividends paid | Workforce expense |
|---|---|---|---|---|---|---|---|
| 1,745 | 185 | 547 | 355 | — | 0 | 360 | |
| 1,691 | 80 | 448 | 422 | — | 134 | 377 | |
| 1,718 | 140 | 355 | 363 | — | — | 357 | |
| 1,633 | 178 | 355 | 312 | — | 59 | 348 | |
| 1,550 | 86 | 475 | 283 | — | 0 | 349 | |
| 1,719 | 1 | 430 | 358 | — | 97 | 360 | |
| 1,525 | 126 | 385 | 323 | — | — | 357 | |
| 1,600 | 157 | 284 | 305 | — | 97 | 347 |
Reported total income includes other operating income and disposal gains; it differs from underlying revenue. Cash investment includes intangible assets. Workforce expense is the total company expense, not employee take-home pay. Scope changes and acquisitions affect comparisons.
* Calculated by subtracting reported periods: usually cumulative total minus the previous cumulative total, or full year minus nine months for Q4. Monday.com Q1 is half year minus Q2. Click a value for its source; click * for the subtracted period. Some calculations use different filings and may be affected by restatements. Fiscal dates differ between companies; compare the same season a year earlier.
Worker pay remains annual in the compensation table. Missing quarterly pay or headcount is not interpolated. This is financial-history coverage, not a complete assessment of who benefits.
Sources & limits
Revenue is not profit. These figures may cover different periods and do not isolate the effects of AI. Median pay includes more than salary and can change with workforce composition; it does not track raises for the same employees.
Whether the reductions come through redundancy, attrition or reskilling. It is an announced plan running to 2030, not a completed reduction. Note also that Proximus's underlying revenue fell 4.1% even as reported income rose.
Allocation evidence: Proposal in the results release, not verification of the final payment. Underlying revenue fell; reported and underlying growth measures differ. Checked 22 September 2026. Allocation source ↗