Restructurings, exit costs, and impairments under 8-K Items 2.05/2.06.
AIR LEASE CORP announced a restructuring (64 employees, a 40% reduction in workforce as compared to December 31, 2025).
“the Company approved a plan to reduce its workforce, currently affecting 64 employees, a 40% reduction in workforce as compared to December 31, 2025.”
Cars.com Inc. announced a restructuring with charges of approximately $8.5-$9 million (approximately 11% of its full-time roles, including certain management roles and two executive roles).
“On April 9, 2026, the Company also announced a cost reduction program that includes a reduction in the Company’s workforce of approximately 11% of its full-time roles, including certain management roles and two executive roles. In connection with this workforce reduction, the Company expects to incur aggregate charges of approximately $8.5-$9 million, consisting primarily of employee-related costs, including severance, benefits, and other related expenses.”
MOSAIC CO announced a impairment with charges of $350 to $400 million affecting Araxá Mining and Chemical Complex and Patrocínio Complex in Brazil.
“On April 8, 2026, The Mosaic Company (the "Company") announced that it will begin the process of idling and demobilizing its Araxá Mining and Chemical Complex and idling related mining activities at the Patrocínio Complex in Brazil. (the "Araxá Idling"). The Company currently anticipates recording a pre-tax book impact of $350 to $400 million in the first quarter of 2026 with $275 to $300 million for the impairment on assets held for sale and other asset writeoffs and the balance related to severance, contract termination costs, and other idling costs, subject to final accounting determinations.”
GoPro, Inc. announced a restructuring with charges of $11.5 million to $15 million (approximately 145 employees, representing approximately 23% of the Company’s ending first quarter headcount of 631 emplo).
“quarter of 2026 and is expected to be substantially completed by the end of 2026. The Restructuring Plan is expected to result in an estimated aggregate charge in the range of $11.5 million to $15 million. Cash expenditures will be approximately $1.5 million of the estimated aggregate charge in the second quarter of 2026, approximately $5.5 million to $8 million of”
AMERICAS CARMART INC announced a impairment with charges of approximately $14 million affecting assets at the closing locations.
“the Company expects to record a non-cash impairment charge of approximately $14 million related to assets at the closing locations.”
AMERICAS CARMART INC announced a restructuring affecting 42 dealership locations.
“On April 7, 2026, the Board of Directors of America’s Car-Mart, Inc. (the “Company”) approved the closure of 42 of the Company’s 136 dealership locations and a reduction of associated support staff.”
GEOSPACE TECHNOLOGIES CORP announced a restructuring with charges of $0.6 million of termination costs in its second fiscal quarter and incur $0.7 million of costs in its third fiscal quarter ending June 30, 2026 (approximately 20% reduction in the global workforce).
“This organizational change plan will result in approximately 20% reduction in the global workforce, and together with cost-containment measures are expected to produce approximately $10 million of annualized cash savings. In connection with the workforce reduction, the Company expects to incur $0.6 million of termination costs in its second fiscal quarter and incur $0.7 million of costs in its third fiscal quarter ending June 30, 2026.”
Neuronetics, Inc. announced a restructuring with charges of approximately $0.2 million (up to 5% of its employees).
“On April 2, 2026, the Company initiated a workforce reduction, which it expects to be completed by mid-year 2026, that will impact up to 5% of its employees. The reduction is part of a broader effort to optimize the Company’s cost structure. The Company expects to incur restructuring charges of approximately $0.2 million, primarily for severance and related costs, in the second quarter of 2026.”
ESTEE LAUDER COMPANIES INC announced a restructuring with charges of PRGP Restructuring Program expansion approved Feb 3, 2025 affecting global marketing and creative operating model, reorganization and rightsizing of certain areas, simplification and acceleration of processes, outsourcing of select services, evolution of go-to-market (employee severance through a net reduction in workforce).
“Subsequent to January 30, 2026, the Company approved initiatives under the Restructuring Program, primarily relating to the following: • Future of Brand-led Model – The Company approved initiatives to reorganize and simplify its global marketing and creative operating model to make it leaner, faster and more agile and drive greater efficiency and effectiveness. These activities will primarily result in employee severance through a net reduction in workforce.”
SSR MINING INC. announced a impairment with charges of between approximately $310 million and $340 million affecting Çöpler mine.
“on March 24, 2026, the Company determined that it expects to incur a non-cash charge between approximately $310 million and $340 million, as a result of the Purchase Price compared to the estimate of the current net asset value of the Çöpler mine”
EnerSys announced a restructuring with charges of approximately $37 million affecting facility in Tijuana, Mexico (approximately 474 employees).
“On March 25, 2026, EnerSys announced a plan to close its facility in Tijuana, Mexico, which focused on manufacturing lead acid batteries. EnerSys expects to incur a pre-tax charge of approximately $37 million under this restructuring plan when completed, the majority of which is expected to be incurred by the second half of fiscal year 2027, of which $14 million is expected to be non-cash charges primarily from equipment write-offs. Cash charges of approximately $23 million, include severance and employee retention costs, environmental related expenses and equipment decommissioning, along with contractual releases and legal expenses.”
ENDRA Life Sciences Inc. announced a restructuring with charges of approximately $51,000.
“on March 19, 2026, the Company reduced the number of its employees in order to reduce cash expenditures and extend its operational runway. As a result, the Company expects to incur pre-tax cash charges of approximately $51,000 associated with severance payments to former employees.”
GOODYEAR TIRE & RUBBER CO /OH/ announced a restructuring with charges of $100 million and $110 million affecting Europe, Middle East and Africa (EMEA) (reduction of approximately 600 positions across multiple countries within EMEA, while also creating approximately 200 ne).
“the rationalization plan remain subject to consultation with employee representative bodies. The total pre-tax charges associated with these actions are expected to be between $100 million and $110 million, of which $75 million to $85 million are expected to be rationalization charges primarily for associate-related and other exit costs. Total cash outflows for”
Sono Group N.V. announced a restructuring affecting Sono Motors GmbH, legacy solar operations.
“On March 14, 2026, the supervisory board of Sono Group N.V. (the “Company”) resolved to terminate all current and future funding commitments to its sole operational subsidiary, Sono Motors GmbH, and to exit the legacy solar operations conducted through Sono Motors GmbH, with immediate effect.”
Frontier Group Holdings, Inc. announced a restructuring with charges of $75 million to $95 million affecting A320neo aircraft fleet.
“the Early Return Agreement is expected to result in charges in the range of $75 million to $95 million in connection with early lease termination and return of aircraft and engines to AerCap to be recognized in the first and second quarters of 2026”
Frontier Group Holdings, Inc. announced a restructuring with charges of $125 million and $175 million affecting A320neo aircraft fleet.
“The Company currently expects to recognize these non-cash charges in the first and second quarters of 2026 and anticipates the charges to range between $125 million and $175 million.”
PLAYSTUDIOS, Inc. announced a restructuring with charges of approximately $4.5 million to $7 million (approximately 27 percent).
“On March 10, 2026, the Company initiated an internal reorganization plan (the “Plan”) which is intended to enhance efficiency and reduce operating expenses. The Plan includes a reduction of the Company’s current total global workforce by approximately 27 percent. The Company expects to substantially complete the personnel reduction by the end of the second quarter of fiscal year 2026, but the timing of certain reductions will vary based on job function and location, including local legal requirements. The Company currently estimates that it will incur approximately $4.5 million to $7 million in charges in connection with the Plan, which will be substantially incurred in the first quarter of fiscal year 2026. These charges primarily relate to employee transition, severance payments, employee benefits, stock-based compensation, and lease termination and other facility-related costs.”
Atlassian Corp announced a restructuring with charges of approximately $225 million to $236 million affecting the Company's workforce (approximately 10% of the Company's workforce).
“efficiency and sustainability. Position eliminations in each country are subject to local law and consultation requirements. The Company estimates it will incur approximately $225 million to $236 million in charges in connection with these actions, of which approximately $169 million to $174 million is expected to result in future cash outlays related to”
WESTERN ALLIANCE BANCORPORATION announced a impairment with charges of $126.4 million affecting commercial loan facility collateralized by accounts receivable purchased from First Brands Group.
“On March 2, 2026, the Company concluded that a material charge for impairment would result from notification of this breach of contract. The outstanding balance on this loan is $126.4 million. Based on currently available information, the non-cash impairment charge associated with this facility, which will be recognized in the first quarter of 2026, will be $126.4 million.”
InMed Pharmaceuticals Inc. announced a restructuring with charges of severance and other employee-related costs of approximately $550,000 and expects to incur additional related expenditures of approximately $120,000 affecting BayMedica LLC commercial operations business segment.
“In connection with the wind down of commercial operations, BayMedica is expected to incur severance and other employee-related costs of approximately $550,000 and expects to incur additional related expenditures of approximately $120,000 through the end of the fiscal year.”
Traeger, Inc. announced a restructuring with charges of between approximately $32.0 million and $36.0 million.
“the Company now expects to incur pre-tax charges related to currently known and reasonably estimable actions of Project Gravity of between approximately $32.0 million and $36.0 million (the “Total Costs”), which primarily consist of cash expenditures.”
NIKE, Inc. announced a restructuring with charges of pre-tax charges of approximately $300 million (primarily associated with employee severance costs).
“On February 27, the Company’s management approved a plan to implement certain organizational changes, which together with previously approved actions, are expected to result in pre-tax charges of approximately $300 million for the nine months ended February 28, 2026, primarily associated with employee severance costs”
Grocery Outlet Holding Corp. announced a restructuring with charges of between $14 million and $25 million affecting 36 financially underperforming stores; one distribution center facility.
“The Company estimates that it will incur between $14 million and $25 million in net total restructuring charges in fiscal 2026 related to the Optimization Plan approved in the first quarter of fiscal 2026.”
Theravance Biopharma, Inc. announced a restructuring with charges of approximately $5 million to $7 million affecting R&D and G&A functions (approximately 50% of the Company’s overall workforce).
“On March 3, 2026, the Company announced an organizational restructuring (the “Restructuring”), which is intended to reduce cost base by approximately 60% (or approximately $70 million) and expected to impact approximately 50% of the Company’s overall workforce. The Restructuring will be implemented over the next two quarters, with the Company expecting to incur approximately $5 million to $7 million in one-time cash severance costs related to the Restructuring.”
BioAtla, Inc. announced a restructuring with charges of between $0.5 and $0.6 million affecting the Company (approximately 70%).
“formal process to explore and evaluate strategic options to maximize shareholder value. The total cash payments related to this workforce reduction are estimated to be between $0.5 and $0.6 million related to employee severance and benefit costs. The Company expects to pay for the majority of these costs in the first quarter of 2026. The estimates of the”
Disc Medicine, Inc. announced a restructuring with charges of approximately $2.0 million affecting commercial functions and certain supporting functions (approximately 20%).
“Company expects to complete the implementation of the Restructuring Plan in the second quarter of 2026. The Company expects that it will incur aggregate charges of approximately $2.0 million in connection with the Restructuring Plan, consisting primarily of severance costs, which will be recorded primarily in the first quarter of 2026. The costs that the Company”
Block, Inc. announced a restructuring with charges of approximately $450 million to $500 million (reduce our current workforce by more than 40%).
“On February 26, 2026, the Company announced a workforce reduction restructuring plan (the “Workforce Plan”) designed to better align our organizational structure with our operating model and strategic priorities. As part of the Workforce Plan, we expect to reduce our current workforce by more than 40%. The Company currently estimates that we will incur charges of approximately $450 million to $500 million in connection with the Workforce Plan”
Viatris Inc announced a restructuring with charges of between $700 million and $850 million affecting enterprise-wide (up to approximately 10%).
“For the committed restructuring activities, the Company expects to incur total pre-tax charges ranging between $700 million and $850 million.”
TELEFLEX INC announced a restructuring with charges of $31 million to $37 million affecting remaining businesses after Strategic Divestitures.
“millions) Restructuring charges (1) $15 million to $18 million Restructuring related charges (2) $16 million to $19 million Total restructuring and restructuring related charges $31 million to $37 million (1) Substantially all of the charges consist of employee termination benefit costs. (2) Restructuring related charges represent costs that are directly related to”
C3.ai, Inc. announced a restructuring with charges of approximately $10.0 million to $12.0 million affecting global workforce (26% reduction in its global workforce).
“In connection with the reduction of the Company’s global workforce, the Company estimates that it will incur approximately $10.0 million to $12.0 million in pre-tax restructuring charges in the fourth quarter of fiscal year 2026, consisting of cash expenditures related to severance, other one-time termination benefits, and non-cash expenditures related to stock-based compensation.”
Lucid Group, Inc. announced a restructuring with charges of $40 million to $42 million affecting U.S. workforce (reduction of the Company’s current U.S. workforce by approximately 12 percent, excluding hourly production workers in ma).
“On February 20, 2026, in order to optimize the Company’s operating expenses as it focuses on the start of production of the Midsize platform, expansion into the robotaxi market and development of ADAS technologies, as well as the sale and distribution of its current models in existing and new geographies, the Company announced a reduction of the Company’s current U.S. workforce by approximately 12 percent, excluding hourly production workers in manufacturing, logistics, and quality (the “ Plan ”). The Plan is expected to provide the Company with cost savings of approximately $500 million over a three-year period. The Company estimates that it will incur charges of $40 million to $42 million related to severance, employee benefits, and employee transition.”
STEPAN CO announced a restructuring with charges of in the range of $70 to $80 million affecting Fieldsboro, New Jersey site; Elwood (Millsdale), Illinois and Stalybridge, United Kingdom facilities.
“On February 20, 2026, the Board of Directors of Stepan Company (“Stepan” or the “Company”) approved a comprehensive operational and efficiency plan with the objective to deliver approximately $100 million in pre-tax savings over the next two years (“Project Catalyst”). As part of Project Catalyst, the Company will close its Fieldsboro, New Jersey site and decommission select assets at its Elwood (Millsdale), Illinois and Stalybridge, United Kingdom facilities, by mid-2026. The Company anticipates recognizing restructuring charges in the range of $70 to $80 million in 2026, of which approximately $52 to $62 million is expected to be recognized in the three months ending March 31, 2026.”
Kenvue Inc. announced a restructuring with charges of approximately $250 million (approximately 3.5%).
“On February 17, 2026, the Company’s Board of Directors approved an initiative that aims to optimize its operating model, transform its supply chain, reduce complexity, and drive operational efficiencies, while strengthening core capabilities. The initiative is expected to result in a net global workforce reduction of approximately 3.5%. The initiative is expected to result in pre-tax restructuring expenses and other charges totaling approximately $250 million in fiscal year 2026, consisting of information technology and project-related costs (approximately 59%), employee-related costs (approximately 35%), and other implementation costs (approximately 6%).”
Werewolf Therapeutics, Inc. announced a restructuring with charges of approximately $4.1 million (64% of the Company’s workforce).
“estimates that it will record a one-time charge in the first quarter of 2026 related to employee separation benefits, including severance and related benefits, of approximately $4.1 million, all of which is anticipated to result in cash expenditures to be incurred in the first quarter of 2026. The Company may also incur additional costs not currently contemplated”
Ultragenyx Pharmaceutical Inc. announced a restructuring with charges of approximately $50 million in total restructuring and restructuring-related charges affecting across the Company (10% workforce reduction of approximately 130 employees).
“the Company is implementing a 10% workforce reduction of approximately 130 employees across the Company (the “RIF”). The Company began notifying affected employees on February 12, 2026, and expects this RIF to be substantially completed in the first half of 2026. The Company estimates that it will incur approximately $50 million in total restructuring and restructuring-related charges”
Origin Materials, Inc. announced a restructuring with charges of approximately $0.9 million in restructuring charges (reduction of approximately 32% of the Company's global workforce).
“completing in the first quarter of 2026, subject to compliance with statutory notice periods, where applicable. The Company anticipates that it will incur approximately $0.9 million in restructuring charges in connection with the workforce reduction, primarily consisting of cash expenditures of approximately $0.9 million for severance and benefits costs. The”
RYAN SPECIALTY HOLDINGS, INC. announced a restructuring with charges of The Empower Program includes (i) Business Platform Optimization and (ii) Compensation and Benefits. These actions are expected to be completed by the end of 202 affecting brokerage, binding, and underwriting operations.
“On February 10, 2026, the board of directors of the Company (the "Board") approved a three-year restructuring program (the "Empower Program"), which will commence in the first quarter of 2026. The Empower Program is designed to streamline the Company's brokerage, binding, and underwriting operations, optimize scale, accelerate data and technology strategies, and enhance efficiencies across all of the Company's specialties. The Empower Program is expected to generate approximately $80 million of annual savings in 2029. The Empower Program includes (i) Business Platform Optimization and (ii) Compensation and Benefits. These actions are expected to be completed by the end of 2028. The Company currently estimates that the Empower Program will result in cumulative pre-tax charges to its GAAP financial results of approximately $160 million which are expected to be recorded as exit and disposal activities and are broken down as follows: Program Activity Charges Business Platform Optimization”
INSPERITY, INC. announced a restructuring with charges of one-time charges of approximately $9 million in connection with the Realignment Plan, consisting primarily of cash expenditures for severance payments, employee affecting non-sales positions (elimination of approximately 4% of our non-sales positions).
“On February 10, 2026, we announced an internal reorganization designed to improve the efficiency and align our workforce with our key areas of focus (the “Realignment Plan”). These actions are expected to result in the elimination of approximately 4% of our non-sales positions. We expect to continue disciplined hiring in sales and other key positions. We currently estimate that we will incur one-time charges of approximately $9 million in connection with the Realignment Plan, consisting primarily of cash expenditures for severance payments, employee benefits, and related costs. We expect that the majority of the charges will be incurred in the first quarter of 2026 and that the execution of the Realignment Plan will be substantially complete before the end of the first quarter of 2026.”
ECOLAB INC. announced a restructuring with charges of total restructuring costs of $334 million ($261 million after tax) and special charges of $91 million ($71 million after tax) affecting global centers of excellence.
“On February 10, 2026, the Company announced the expansion of the One Ecolab initiative and anticipates total restructuring costs of $334 million ($261 million after tax) and special charges of $91 million ($71 million after tax) by the end of 2027.”
FORRESTER RESEARCH, INC. announced a restructuring with charges of approximately $10.0 million to $10.5 million affecting various geographies and functions; certain smaller offices both inside and outside the United States (approximately 8% of its employees).
“On February 9, 2026, the Company announced a reduction in its workforce of approximately 8% of its employees across various geographies and functions. Notification to affected persons commenced December 15, 2025 and is expected to be completed by July 31, 2026. The Company expects to incur pre-tax expenses of approximately $10.0 million to $10.5 million in the fourth quarter of 2025 and the first three quarters of 2026 related principally to cash severance and related benefit costs for terminated employees. The Company also plans to close certain of its smaller offices both inside and outside the United States. The Company anticipates total costs for this action to be approximately $0.4 million, consisting primarily of non-cash lease impairment costs. In addition, the Company expects to incur approximately $3.0 million for contract termination costs.”
MOLINA HEALTHCARE, INC. announced a impairment with charges of estimated non-cash, pre-tax impairment charge of approximately $93 million, attributable to certain of its intangible assets affecting intangible assets.
“On February 5, 2026, the Company concluded that it will record in the first quarter of 2026 an estimated non-cash, pre-tax impairment charge of approximately $93 million, attributable to certain of its intangible assets.”
Gemini Space Station, Inc. announced a restructuring with charges of approximately $11 million affecting United Kingdom, the European Union and other European jurisdictions, and Australia (up to 200 global employees, including employees in Europe, the United States, and Singapore, and representing approximat).
“law and consultation requirements. In connection with the Plan, the Company currently estimates that it will incur pre-tax restructuring and related charges of approximately $11 million, substantially all of which are expected to result in cash expenditures. These charges are expected to consist of employee-related costs, including severance payments, notice pay”
POWER INTEGRATIONS INC announced a restructuring with charges of between approximately $3.5 million and $4.0 million affecting global workforce (approximately 7% of the Company’s global workforce).
“costs and create a more efficient organization to support its business. In connection with the reduction in force, the Company estimates it will incur between approximately $3.5 million and $4.0 million of costs, substantially all of which are related to employee severance and benefit costs, which the Company expects to recognize in the first quarter of 2026.”
CROWN CASTLE INC. announced a restructuring with charges of approximately $30 million affecting towers business (approximately 20%).
“consolidated statement of operations) by approximately 20%. In connection with the Plan, the Company estimates it will incur aggregate restructuring charges of approximately $30 million, most of which the Company expects to incur in the first and second quarters of 2026. With respect to the employee headcount reductions, the Company estimates it will incur”
Workday, Inc. announced a impairment with charges of approximately $80 million affecting certain office space and long-lived assets.
“Workday estimates that it will incur approximately $135 million in charges which are expected to be recognized in the fourth quarter of fiscal 2026, consisting of approximately $40 million of future cash expenditures related to severance payments, employee benefits, and related costs and approximately $15 million in non-cash charges for stock-based compensation. The charges also consist of approximately $80 million in non-cash charges related to the impairment of certain office space and long-lived assets.”
Workday, Inc. announced a restructuring with charges of approximately $135 million affecting Global Customer Operations team (approximately 2% of Workday’s current workforce).
“its fiscal 2027, including additional revenue-generating areas to meet its market opportunity. In connection with the above, Workday estimates that it will incur approximately $135 million in charges which are expected to be recognized in the fourth quarter of fiscal 2026, consisting of approximately $40 million of future cash expenditures related to severance”
IO Biotech, Inc. announced a restructuring with charges of approximately $2.4 million to $2.6 million affecting globally.
“As part of previously announced efforts by IO Biotech, Inc. (the “Company”) to reduce the Company’s operating expenses while the Company explores a range of strategic alternatives, the Board of Directors of the Company approved on January 21, 2026, a restructuring and workforce reduction plan (the “Plan”) which is expected to result in a significant reduction of the Company’s workforce globally. In connection with the implementation of the Plan, the Company expects to incur one-time charges and cash expenditures in a range of approximately $2.4 million to $2.6 million, primarily related to employee wages and severance payments, healthcare continuation, earned vacation time and related termination costs.”
FEDEX CORP announced a restructuring with charges of $175 million to $275 million affecting FedEx Express FR (FedEx France) domestic operations in France (up to 500 operational positions).
“We expect the pre-tax costs of severance benefits, legal and professional fees, and facilities lease termination charges to be provided under and related to the transformation program to range from $175 million to $275 million”
HARVARD BIOSCIENCE INC announced a restructuring with charges of $3.4 to $4.4 million affecting manufacturing operations (targeted reconfiguration of the Company’s workforce across impacted operations).
“of the Company’s workforce across impacted operations. The Company expects to incur pre-tax restructuring charges related to Project Viking in the range of approximately $3.4 to $4.4 million, including non-cash asset write-off and/or accelerated depreciation charges in the range of approximately $0.6 to $0.7 million, primarily related to the exit of”
DOW INC. announced a restructuring with charges of in the range of $600 million to $800 million (approximately 4,500 roles globally).
“On January 26, 2026, the Company’s Board of Directors approved certain severance and related benefit costs for a workforce reduction of approximately 4,500 roles globally related to Transform to Outperform. The Company will record charges in 2026 and 2027 for costs associated with Transform to Outperform. In total, severance and related benefit costs and future cash outlays are expected to be in the range of $600 million to $800 million.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.