Restructurings, exit costs, and impairments under 8-K Items 2.05/2.06.
Silvaco Group, Inc. announced a restructuring with charges of $2 million to $5 million (an initial involuntary reduction in force in the United States).
“the Company currently estimates that it will recognize pre-tax charges to its GAAP financial results ranging from $2 million to $5 million consisting of severance and other one-time termination benefits, and other costs such as the site closures as part of its global site strategy”
HP INC announced a restructuring with charges of approximately $650 million (approximately 4,000 – 6,000 employees).
“On November 25, 2025, the Board of Directors (the “Board”) of HP approved a plan intended to drive customer satisfaction, product innovation, and productivity through artificial intelligence adoption and enablement (the “Plan”). HP expects that the Plan will be implemented through fiscal 2028. The Plan is intended to generate estimated gross run rate savings of approximately $1 billion by the end of fiscal 2028. In connection with the Plan, HP anticipates incurring approximately $650 million in restructuring and other charges due to both labor and non-labor actions. HP estimates that approximately $550 million of this amount will be cash expenditures. Of the $650 million, HP expects to incur approximately $400 million in labor costs related to workforce reductions of approximately 4,000 – 6,000 employees by the end of fiscal 2028.”
Shuttle Pharmaceuticals Holdings, Inc. announced a restructuring affecting clinical trials of Ropidoxuridine.
“On November 20, 2025, in light of the foregoing, the Company committed to a plan to discontinue its clinical trials of Ropidoxuridine (the “Clinical Trials”), as provided for under the Master Agreement.”
HYSTER-YALE, INC. announced a restructuring with charges of approximately $21 million affecting global manufacturing and staff functions (approximately 575 employees).
“On November 13, 2025, the Board of Directors of Hyster-Yale, Inc. (the "Company") approved a restructuring plan that furthers progress toward the Company's cost reduction initiatives in response to current economic and industry dynamics. This action will reduce the Company's global workforce by approximately 575 employees. The Company expects to record pre-tax charges in the fourth quarter of 2025 of approximately $21 million consisting of severance and related benefit costs, all of which are expected to be paid in cash.”
KROGER CO announced a impairment with charges of approximately $2.6 billion affecting certain fulfillment centers in the United States.
“On November 18, 2025, The Kroger Co. (“Kroger” or the “Company”) announced updates to its eCommerce plan. In connection with the foregoing, the Company will close certain fulfillment centers in the United States. The Company expects to incur impairment and related charges in the third fiscal quarter of 2025 of approximately $2.6 billion as a result of these closures and the rest of the automated fulfillment network not meeting financial expectations.”
ON SEMICONDUCTOR CORP announced a impairment with charges of between $200 million and $300 million affecting certain onsemi manufacturing facilities.
“on November 13, 2025, management approved the recognition of additional pre-tax non-cash impairment and accelerated depreciation charges of between $200 million and $300 million. These impairment and accelerated depreciation charges are for long-lived assets relating to investments in manufacturing assets at certain onsemi manufacturing facilities.”
Under Armour, Inc. announced a restructuring with charges of up to $255 million of pre-tax restructuring and related charges affecting Company-wide; specifically includes Curry Brand separation, additional contract terminations, asset impairments, employee severance and benefits (approximately $34 million in employee severance and benefits costs).
“On November 13, 2025, Under Armour, Inc. (the “Company,” “Under Armour” or “UA”) announced an update to its previously disclosed fiscal year 2025 restructuring plan aimed at strengthening and supporting its financial and operational efficiencies. Previously, the Company expected to incur up to $160 million of pre-tax restructuring and related charges in connection with its fiscal year 2025 restructuring plan. After further review, the Company's Board of Directors approved a $95 million increase to the restructuring plan, which will include the separation of the Curry Brand as discussed below, as well as additional contract terminations, asset impairments, and employee severance and benefits costs. This will result in a restructuring plan of up to $255 million of pre-tax restructuring and related charges to be incurred during fiscal years 2025 and 2026”
Korro Bio, Inc. announced a restructuring with charges of approximately $2.4 million (approximately 34%).
“On November 12, 2025, Korro implemented a strategic restructuring to extend cash runway, including a workforce reduction of approximately 34%. Korro estimates that it will incur one-time restructuring charges of approximately $2.4 million including employee severance, benefits and related termination costs, the majority of which Korro expects to recognize during the three months ended December 31, 2025.”
SYNOPSYS INC announced a restructuring with charges of $300 million to $350 million (approximately 10% of Synopsys' workforce).
“following the completion of its acquisition of ANSYS, Inc. Synopsys currently estimates that it will recognize pre-tax charges to its GAAP financial results ranging from $300 million to $350 million consisting of severance and other one-time termination benefits, and other costs such as certain site closures as part of its global site strategy. Synopsys”
Restaurant Brands International Limited Partnership announced a impairment with charges of approximately $150 million affecting Burger King China.
“the Company has determined that it will be required under generally accepted accounting principles to take a non-cash charge of approximately $150 million on its Burger King China holdings.”
Restaurant Brands International Inc. announced a impairment with charges of approximately $150 million affecting Burger King China.
“the Company has determined that it will be required under generally accepted accounting principles to take a non-cash charge of approximately $150 million on its Burger King China holdings.”
Kezar Life Sciences, Inc. announced a restructuring with charges of approximately $6.0 million affecting the Company (approximately 31 employees, or approximately 70%).
“restructuring plan in connection with its previously announced evaluation of strategic alternatives. The Company estimates that it will incur cash expenditures of approximately $6.0 million, consisting primarily of one-time severance payments, benefits and other related costs. The Company expects to recognize the majority of such costs in the fourth quarter of 2025.”
CODEXIS, INC. announced a restructuring with charges of approximately $3.5 million affecting ECO Synthesis platform (approximately 24%).
“benefits to impacted employees, as well as the payment of other expenses such as related tax costs, will result in the recognition of an additional expense of approximately $3.5 million. The Company anticipates this expense will be recognized in the fourth quarter of 2025 and paid primarily during the same period. The Company expects the workforce reduction to”
UNIVERSAL LOGISTICS HOLDINGS, INC. announced a impairment with charges of $81.2 million affecting intermodal segment.
“the Company has now completed its evaluation and determined that the total impairment charges to be recognized in the third quarter of 2025 are $81.2 million, consisting of a $58.0 million impairment of goodwill and a $23.2 million impairment of previously acquired customer lists.”
TripAdvisor, Inc. announced a restructuring with charges of approximately $35 million to $40 million.
“The Company estimates that it will incur charges of approximately $35 million to $40 million in connection with these actions, primarily consisting of cash expenditures for employee severance payments, employee benefits and other related costs.”
Honest Company, Inc. announced a restructuring with charges of approximately $15.0 million to $25.0 million affecting exiting Honest.com fulfillment and apparel, as well as exiting retail and online stores in Canada.
“Powering Honest Growth is aimed at improving simplicity, focus and profitability, which includes exiting certain lower margin, non-strategic categories and channels, including exiting Honest.com fulfillment and apparel, as well as exiting retail and online stores in Canada, optimizing the Company's cost structure by rightsizing selling, general and administrative expenses and implementing supply chain efficiencies. Powering Honest Growth is projected to result in the following: • Costs associated with Powering Honest Growth, including restructuring costs, are expected to be approximately $25.0 million to $35.0 million to be recognized through the first quarter of 2027, with no expense incurred during the three months ended September 30, 2025. ◦ Restructuring costs related to exiting the Company's lower margin, non-strategic portfolios are expected to be approximately $15.0 million to $25.0 million and include employee-related costs, contract terminations, and other associated exit cost”
Xperi Inc. announced a restructuring with charges of approximately $16.0 million to $18.0 million affecting all business and functional areas (approximately 250 employees globally).
“business and functional areas. The Restructuring Plan is expected to be substantially completed by the end of the first half of 2026. The Company expects to incur approximately $16.0 million to $18.0 million of restructuring and related charges, substantially all of which are employee severance and related costs that are expected to be paid in cash. The Company may”
Traeger, Inc. announced a restructuring with charges of between approximately $21.0 million and $27.0 million affecting overall enterprise optimization (Project Gravity).
“the Company now expects to incur pre-tax charges related to currently known and reasonably estimable actions of Project Gravity of between approximately $21.0 million and $27.0 million (the “Total Costs”), which primarily consist of cash expenditures.”
UL Solutions Inc. announced a restructuring with charges of approximately $42-$47 million affecting Consumer and Industrial segments (approximately 3.5% of the Company’s current workforce).
“On November 4, 2025, the Company announced an expense reduction initiative to further improve the operating model and exit certain lines of business that are no longer considered strategically important to the Company (the “Restructuring Plan”). The Company expects to incur pre-tax expenses associated with the Restructuring Plan of approximately $42-$47 million in the aggregate, consisting of $37-$42 million in cash charges relating to employee separation expenses for approximately 3.5% of the Company’s current workforce and approximately $5 million in other cash charges, primarily relating to contract cancellations.”
HORMEL FOODS CORP /DE/ announced a restructuring with charges of $20 million to $25 million (approximately 250 corporate and sales roles).
“most of the related employee departures to occur by December 31, 2025. In connection with this restructuring, the Company expects to incur restructuring charges in the range of $20 million to $25 million. Substantially all the charges are expected to be related to one-time pension benefits, cash severance payments, stock compensation expenses, and employee benefit”
JELD-WEN Holding, Inc. announced a restructuring with charges of approximately $10 million to $20 million affecting North America and Corporate (approximately 11% (approximately 850 employees)).
“On November 3, 2025, the Company announced a plan to reduce its North America and Corporate workforce by approximately 11% (approximately 850 employees) (the “ 2025 Restructuring Plan ”) to align its cost structure and improve operational efficiency. The Company estimates that it will incur charges of approximately $10 million to $20 million in connection with the 2025 Restructuring Plan, primarily consisting of expenditures for severance payments, employee benefits and other related costs.”
TScan Therapeutics, Inc. announced a restructuring with charges of up to approximately $2.3 million affecting the Company (approximately 30% of the Company’s workforce, or 66 roles).
“On November 3, 2025, TScan Therapeutics, Inc. (the “Company”) initiated a prioritization strategy by which the Company will prioritize the clinical development of its heme program, pause further enrollment in its solid tumor Phase 1 trial, and focus preclinical efforts on in vivo engineering for solid tumors and target discovery in autoimmunity. Pursuant to such strategy, the Company also implemented a workforce reduction of approximately 30% of the Company’s workforce, or 66 roles. The Company expects to record a one-time charge of up to approximately $2.3 million during the three months ended December 31, 2025, for severance-related benefits and other costs.”
Luminar Technologies, Inc./DE announced a restructuring with charges of approximately $2.0 million to $3.0 million in cash charges (approximately 25%).
“On October 29, 2025, the Company committed to a plan to reduce its workforce by approximately 25% in order to reduce operating costs. The reduction will commence immediately and is expected to be substantially completed by 2025 year-end. The Company estimates that it will incur approximately $2.0 million to $3.0 million in cash charges associated with employee severance and related employee costs, to be incurred primarily in the fourth quarter of 2025.”
COLGATE PALMOLIVE CO announced a restructuring with charges of $200 and $300 million affecting North America, Latin America, Europe, Asia Pacific, Africa/Eurasia, Hill's Pet Nutrition, Corporate.
“the Company’s Board of Directors approved a new three-year productivity program to drive future growth and support the Company’s 2030 strategy (the “Strategic Growth and Productivity Program”). The program includes initiatives to better align the Company’s organizational structure to support its strategic initiatives, optimize the Company’s global supply chain to drive agility and efficiencies and simplify and streamline its organizational structure to reduce overhead costs. The Strategic Growth and Productivity Program is estimated to result in cumulative pre-tax charges, once all initiatives are approved and implemented, totaling between $200 and $300 million”
Indivior Pharmaceuticals, Inc. announced a restructuring with charges of approximately $25 to $28 million affecting enterprise-wide.
“The Company expects pre-tax cash and non-cash asset charges of approximately $25 to $28 million resulting from the termination of certain contracts.”
Indivior Pharmaceuticals, Inc. announced a impairment with charges of approximately $21 to $27 million affecting enterprise-wide.
“The Company expects pre-tax cash and non-cash asset charges of approximately $21 to $27 million resulting from the write-downs of intangible assets and inventory.”
Indivior Pharmaceuticals, Inc. announced a restructuring with charges of approximately $15 to $21 million affecting real estate.
“The Company expects pre-tax cash and non-cash asset charges of approximately $15 to $21 million resulting from the consolidation and exit of certain real estate properties, including write-downs of leasehold improvements, fixed assets, and acceleration of leased property restoration costs.”
Indivior Pharmaceuticals, Inc. announced a restructuring with charges of approximately $33 to $37 million affecting enterprise-wide.
“The Company expects pre-tax employee severance and related employee exit charges of approximately $33 to $37 million, of which $17 million was recognized in the third quarter of 2025.”
Celanese Corp announced a restructuring with charges of approximately $70 – 90 million affecting facility in Lanaken, Belgium (acetate tow production site) (approximately 160 employees).
“the completion of such consultation process. As a result of this intended closure, the Company expects to record expenses, excluding employee termination costs, of approximately $70 – 90 million, consisting primarily of approximately $55 – 65 million of non-cash accelerated depreciation of fixed asset costs and approximately $15 – 25 million of other”
Sensata Technologies Holding plc announced a impairment with charges of approximately $33 million of charges primarily related to excess capacity affecting electrification products and operations.
“approximately $33 million of charges primarily related to excess capacity related to electrification products and operations”
Sensata Technologies Holding plc announced a impairment with charges of approximately $226 million of non-cash impairment charges affecting goodwill associated with the Company’s Dynapower reporting unit.
“These charges include approximately $226 million of non-cash impairment charges related to the goodwill associated with the Company’s Dynapower reporting unit”
Sensata Technologies Holding plc announced a impairment with charges of approximately $259 million affecting Company’s Dynapower reporting unit.
“On October 28, 2025, in connection with the preparation of the Company’s financial statements for the quarter ended September 30, 2025, the Company concluded that charges totaling approximately $259 million were required to be recorded in the third quarter of 2025.”
CARTERS INC announced a restructuring with charges of approximately $10.1 million to $11.1 million in charges, of which $6.1 million in charges were recorded in the third quarter of fiscal 2025, and approximately $.
“On September 16, 2025, the Board of Directors of Carter’s, Inc. (the “ Company ”) approved an organizational restructuring plan (the “ Plan ”) to right-size the Company's cost structure and improve future profitability.”
CHEGG, INC announced a restructuring with charges of approximately $15 million to $19 million (approximately 388 employees, or about 45% of our current workforce).
“align our cost structure with our newly announced strategic focus relating to our operations on a stand-alone basis. We estimate that we will incur charges of approximately $15 million to $19 million in connection with these actions, primarily consisting of expenditures for employee transition and severance payments, employee benefits and other related costs.”
UNIVERSAL LOGISTICS HOLDINGS, INC. announced a impairment affecting intermodal segment.
“On October 21, 2025, the Audit Committee of the Board of Directors of Universal Logistics Holdings, Inc. (the “Company”) concluded that the Company will record a material non-cash impairment charge related to certain intangible assets associated with the Company’s intermodal segment in connection with the preparation of its financial statements for the third quarter ended September 27, 2025.”
APPLIED MATERIALS INC /DE announced a restructuring with charges of approximately $160 million to $180 million (approximately four percent of its global workforce).
“On October 23, 2025, Applied Materials, Inc. (“Applied” or the “Company”) approved a workforce reduction plan to position the Company for continued growth as a more competitive and productive organization. Applied expects approximately four percent of its global workforce to be impacted under this action and the Company to incur charges of approximately $160 million to $180 million, consisting primarily of severance and other one-time employment termination benefits to be paid in cash, and other non-cash related charges.”
NOVAVAX INC announced a impairment with charges of $29 million.
“the Company expects to recognize a non-cash charge of $29 million during the third quarter of 2025 associated with the extinguishment of the 5.00% Convertible Senior Notes due 2027 and announced on August 27, 2025.”
NOVAVAX INC announced a impairment with charges of between $96 million and $98 million affecting 700 Quince Orchard Road, Gaithersburg, MD facility.
“on October 17, 2025, the Company concluded that it expects to recognize an estimated non-cash impairment charge of between $96 million and $98 million in the third quarter of 2025, which includes the write off of the right-of-use asset, property and equipment, and intangibles, partially offset by a gain recognized on the sale of adjacent land under the Parcel Agreement.”
Alector, Inc. announced a restructuring with charges of approximately $7.7 million affecting across the organization (approximately 75 employees).
“The Company initiated a reduction in force impacting approximately 75 employees across the organization. Total incremental restructuring charges associated with the reduction in force are expected to be approximately $7.7 million.”
KALA BIO, Inc. announced a restructuring affecting Company's remaining assets (terminated all remaining employees not deemed necessary by Oxford to execute a foreclosure of the Company’s assets).
“On October 19, 2025, the Board terminated all remaining employees not deemed necessary by Oxford to execute a foreclosure of the Company’s assets (the “Reduction”).”
MOLSON COORS BEVERAGE CO announced a restructuring with charges of in the range of $35 million to $50 million affecting Americas business (approximately 400 salaried positions).
“with the corporate restructuring, the Company currently expects to incur certain restructuring charges, which are expected to be primarily cash charges, in the range of $35 million to $50 million. Substantially all of the charges are expected to be related to severance payments and post-employment benefits to be incurred in the fourth quarter of 2025. Of”
BROADWAY FINANCIAL CORP \DE\ announced a impairment with charges of $25.9 million goodwill impairment charge.
“On October 15, 2025, the Audit Committee of the Board of Directors of Broadway Financial Corporation (the “Company”) (NASDAQ: BYFC), the holding company of City First Bank, National Association, concluded that, based on its annual impairment analysis, the Company’s goodwill is impaired in accordance with U.S. GAAP. Consequently, the Company expects to record a non-cash $25.9 million goodwill impairment charge for the quarter ended September 30, 2025.”
AMPCO PITTSBURGH CORP announced a impairment with charges of ranging between $43 to $45 million affecting UES-UK (Union Electric Steel UK Limited).
“Ampco-Pittsburgh would expect to recognize a non-cash impairment charge in the fourth quarter of 2025 ranging between $43 to $45 million, based on estimates as of September 30, 2025.”
General Motors Co announced a impairment with charges of $1.6 billion affecting GM North America (GMNA).
“On October 7, 2025, the Audit Committee of the Company’s Board of Directors approved charges of $1.6 billion in GM North America (GMNA) in the three months ended September 30, 2025, based on a planned strategic realignment of our EV capacity and manufacturing footprint to consumer demand.”
Polaris Inc. announced a impairment with charges of approximately $275 million to $325 million, or approximately $230 million to $280 million net of an expected tax benefit of approximately $45 million affecting Indian Motorcycle Business.
“On October 10, 2025, certain wholly owned subsidiaries of the Company entered into a definitive agreement to sell the Indian Motorcycle Business. Under U.S. generally accepted accounting principles, the Indian Motorcycle Business will be classified as held for sale. Accordingly, the Company will be required to record the assets related to the Indian Motorcycle Business at fair value, less an amount of estimated transaction costs. Further, the Company recorded related impairment charges in the third quarter of 2025. The Company currently expects estimated pre-tax charges of approximately $275 million to $325 million, or approximately $230 million to $280 million net of an expected tax benefit of approximately $45 million.”
PETMED EXPRESS INC announced a impairment with charges of $1.2 million affecting PCRX trade name.
“On October 1, 2025, the Audit Committee of the Board of Directors (the “Audit Committee”) of PetMed Express, Inc. (the “Company”), upon the recommendation of the Company’s management, concluded that a $1.2 million non-cash impairment of the Company’s PCRX trade name is required to be recorded in the quarter ended March 31, 2025.”
Atara Biotherapeutics, Inc. announced a restructuring with charges of $1.3 million (approximately 29% of its current employees).
“to executing on the Company’s strategic priorities. The Company expects to complete the workforce reduction by January 2026. The Company expects to recognize approximately $1.3 million for severance and related benefits for employees laid off under the reduction in force. Approximately fifty percent of these charges are salary continuation payments and wages”
ZYNEX INC announced a impairment with charges of pre-tax non-cash asset impairment charges up to approximately $31.0 million primarily related to the impairment of goodwill and other assets associated with the affecting ZMS.
“pre-tax non-cash asset impairment charges up to approximately $31.0 million primarily related to the impairment of goodwill and other assets associated with the ZMS business.”
ZYNEX INC announced a restructuring with charges of pre-tax cash charges of approximately $0.1 million associated with severance payments to former ZMS employees affecting ZMS (terminated the positions of a majority of ZMS employees).
“cost savings expected from the reduction in force. As a result of the actions described above, the Company expects to incur (i) pre-tax cash charges of approximately $0.1 million associated with severance payments to former ZMS employees and (ii) pre-tax non-cash asset impairment charges up to approximately $31.0 million primarily related to the”
Trinseo PLC announced a restructuring with charges of $80 million to $100 million affecting MMA production operations in Rho, Italy and ACH production operations in Porto Marghera, Italy.
“assets. Moving forward, the company will source all MMA feedstock from third-party producers. The Company expects to record total pre-tax restructuring charges of $80 million to $100 million, principally comprised of $3 million to $6 million of employee-related costs, $40 million to $46 million of asset-related charges and $37 million to $48 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.