{"schema_version":"secwatch.filing_event.v1","accession":"0000037785-24-000032","form_type":"8-K/A","ticker":"FMC","cik":"0000037785","company_name":"FMC CORP","filed_at":"2024-02-27T23:59:59+00:00","discovered_at":"2026-05-14T18:03:26.598665+00:00","generated_at":"2026-06-05T13:27:00.930625+00:00","sec_items":["2.05","2.06"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"FMC updates Project Focus restructuring costs: $180-215M pre-tax charges, 8% workforce cut","bullets":["Total pre-tax charges estimated $180-215M; severance $85-100M, asset write-offs $80-90M.","Global workforce reduction of ~8%; includes voluntary separation and involuntary cuts in Brazil.","Targeted annual run-rate savings $150M+ by end 2025; $50-75M adjusted EBITDA contribution in 2024.","Possible sale of non-crop Global Specialty Solutions business; $1.4B tax incentives from Swiss subsidiaries.","Additional charges possible: inventory liquidation, relocation, contract termination."],"urls":{"canonical":"https://secwatch.observer/filing/0000037785-24-000032","json":"https://secwatch.observer/filing/0000037785-24-000032.json","markdown":"https://secwatch.observer/filing/0000037785-24-000032.md","text":"https://secwatch.observer/filing/0000037785-24-000032.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/37785/000003778524000032/0000037785-24-000032-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/37785/000003778524000032/fmc-20231215.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-05T13:27:00.930625+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"1ae6b4a898b4ccecb54115cff2b6cf010a65d1fb","claim":"FMC CORP announced a restructuring with charges of Pre-tax restructuring charges in the range of approximately $180 to $215 million in connection with Project Focus affecting Global (Global workforce reduction of approximately 8%).","evidence_excerpt":"The Company expects to incur pre-tax restructuring charges in the range of approximately $180 to $215 million, which is subject to future changes, in connection with Project Focus.","evidence_source":"SEC 8-K Item 2.05/2.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/37785/000003778524000032/0000037785-24-000032-index.htm","confidence":0.95,"family_label":"Restructurings & Charges","details":[{"label":"Type","value":"restructuring"},{"label":"Charge","value":"Pre-tax restructuring charges in the range of approximately $180 to $215 million in connection with Project Focus"},{"label":"Affected area","value":"Global"},{"label":"Headcount","value":"Global workforce reduction of approximately 8%"}],"fact_type":"restructuring_charge"},{"claim_id":"7b1fe4281f6976c56dc21c99c9b25fbdeaa0bd04","claim":"FMC CORP announced a restructuring with charges of Consulting and other professional service fees totaling approximately $5 to $15 million affecting Global (Global workforce reduction of approximately 8%).","evidence_excerpt":"The Company expects to incur consulting and other professional service fees totaling approximately $5 to $15 million to help execute these actions as well as for the design and implementation of the future structures and processes.","evidence_source":"SEC 8-K Item 2.05/2.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/37785/000003778524000032/0000037785-24-000032-index.htm","confidence":0.9,"family_label":"Restructurings & Charges","details":[{"label":"Type","value":"restructuring"},{"label":"Charge","value":"Consulting and other professional service fees totaling approximately $5 to $15 million"},{"label":"Affected area","value":"Global"},{"label":"Headcount","value":"Global workforce reduction of approximately 8%"}],"fact_type":"restructuring_charge"},{"claim_id":"c319a285cd4c233c77ca54704a914dfef4aaf62a","claim":"FMC CORP announced a restructuring with charges of Asset write-off charges in the range of $80 to $90 million primarily related to possible relocation of manufacturing and other operations affecting Global (Global workforce reduction of approximately 8%).","evidence_excerpt":"We expect asset write-off charges in the range of $80 to $90 million in connection with Project Focus activities primarily related to the possible relocation of certain manufacturing and other operations.","evidence_source":"SEC 8-K Item 2.05/2.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/37785/000003778524000032/0000037785-24-000032-index.htm","confidence":0.85,"family_label":"Restructurings & Charges","details":[{"label":"Type","value":"restructuring"},{"label":"Charge","value":"Asset write-off charges in the range of $80 to $90 million primarily related to possible relocation of manufacturing and other operations"},{"label":"Affected area","value":"Global"},{"label":"Headcount","value":"Global workforce reduction of approximately 8%"}],"fact_type":"restructuring_charge"},{"claim_id":"fc5f2b77791e0058db78cbf253fc46e6fadef49d","claim":"FMC CORP announced a restructuring with charges of Total severance charges and related benefit costs estimated in the range of $85 to $100 million affecting Global (including voluntary separation program in select jurisdictions and workforce reduction in Brazil) (Global workforce reduction of approximately 8%).","evidence_excerpt":"The Company estimates total severance charges and related benefit costs for actions associated with Project Focus to be in the range of $85 to $100 million.","evidence_source":"SEC 8-K Item 2.05/2.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/37785/000003778524000032/0000037785-24-000032-index.htm","confidence":0.95,"family_label":"Restructurings & Charges","details":[{"label":"Type","value":"restructuring"},{"label":"Charge","value":"Total severance charges and related benefit costs estimated in the range of $85 to $100 million"},{"label":"Affected area","value":"Global (including voluntary separation program in select jurisdictions and workforce reduction in Brazil)"},{"label":"Headcount","value":"Global workforce reduction of approximately 8%"}],"fact_type":"restructuring_charge"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}