BEN · 10-K · 2026A · Full report

Headcount and Restructuring

FRANKLIN TEMPLETON INC · 2026-11-09 · Importance 59 · Surprise 82

Termination benefits increased $131.4 million in fiscal 2026, primarily because of higher costs from workforce optimization initiatives. Special termination benefits totaled $204.5 million, compared with $69.7 million in fiscal 2025. Salaries, wages and benefits increased $23.5 million, partly offset by savings from cost-reduction initiatives. Global workforce increased to approximately 9,900 employees at September 30, 2026, from approximately 9,800 a year earlier.

Key facts

• Termination benefits increased $131.4 million in fiscal year 2026, primarily due to higher costs associated with workforce optimization initiatives. source
• Franklin's global workforce increased to approximately 9,900 employees at September 30, 2026, from approximately 9,800 at September 30, 2025. source