---
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"
generated_at: "2026-06-05T13:27:00.930625+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# FMC updates Project Focus restructuring costs: $180-215M pre-tax charges, 8% workforce cut

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.05, 2.06
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000037785-24-000032
- JSON: https://secwatch.observer/filing/0000037785-24-000032.json
- Plain text: https://secwatch.observer/filing/0000037785-24-000032.txt

## Key facts
- Restructurings & Charges
  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%).
  - Type: restructuring
  - Charge: Pre-tax restructuring charges in the range of approximately $180 to $215 million in connection with Project Focus
  - Affected area: Global
  - Headcount: Global workforce reduction of approximately 8%
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/37785/000003778524000032/0000037785-24-000032-index.htm
- Restructurings & Charges
  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%).
  - Type: restructuring
  - Charge: Consulting and other professional service fees totaling approximately $5 to $15 million
  - Affected area: Global
  - Headcount: Global workforce reduction of approximately 8%
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/37785/000003778524000032/0000037785-24-000032-index.htm
- Restructurings & Charges
  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%).
  - Type: restructuring
  - Charge: Asset write-off charges in the range of $80 to $90 million primarily related to possible relocation of manufacturing and other operations
  - Affected area: Global
  - Headcount: Global workforce reduction of approximately 8%
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/37785/000003778524000032/0000037785-24-000032-index.htm
- Restructurings & Charges
  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%).
  - Type: restructuring
  - Charge: Total severance charges and related benefit costs estimated in the range of $85 to $100 million
  - Affected area: Global (including voluntary separation program in select jurisdictions and workforce reduction in Brazil)
  - Headcount: Global workforce reduction of approximately 8%
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/37785/000003778524000032/0000037785-24-000032-index.htm

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