---
schema_version: "secwatch.filing_event.v1"
accession: "0000003545-25-000014"
form_type: "8-K"
ticker: "ALCO"
cik: "0000003545"
company_name: "ALICO, INC."
filed_at: "2025-01-06T23:59:59+00:00"
generated_at: "2026-05-28T11:42:30.240406+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Alico to cut up to 172 jobs, wind down citrus division due to greening disease

## Summary
- Up to 172 employees to be laid off (135 on Jan 6, 37 on Apr 1); estimated severance charges of $1.5-2.0M in Q2/Q3 2025.
- Board determined certain citrus acreage is not economically viable; seeks Tropicana consent to remove it from Orange Purchase Agreement after 2024/2025 crop year.
- Company to wind down Alico Citrus division, shift focus to diversified land usage and real estate development due to citrus greening disease.

## SEC filing metadata
- accession: 0000003545-25-000014
- form_type: 8-K
- ticker: ALCO
- cik: 0000003545
- company_name: ALICO, INC.
- filed_at: 2025-01-06T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.05
- EDGAR index: https://www.sec.gov/Archives/edgar/data/3545/000000354525000014/0000003545-25-000014-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/3545/000000354525000014/alco-20250103.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000003545-25-000014
- JSON: https://secwatch.observer/filing/0000003545-25-000014.json
- Plain text: https://secwatch.observer/filing/0000003545-25-000014.txt

## Key facts
- Restructurings & Charges
  ALICO, INC. announced a restructuring with charges of approximately $1.5 to $2.0 million affecting Alico Citrus division (up to 172 employees).
  - Type: restructuring
  - Charge: approximately $1.5 to $2.0 million
  - Affected area: Alico Citrus division
  - Headcount: up to 172 employees
  source text: financial challenges from citrus greening disease and environmental factors for many seasons. The Company currently estimates that it will incur charges of approximately $1.5 to $2.0 million in connection with the Workforce Reduction, primarily consisting of severance payments, employee benefits and related costs. The Company expects that the majority
  evidence_url: https://www.sec.gov/Archives/edgar/data/3545/000000354525000014/0000003545-25-000014-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.