---
schema_version: "secwatch.filing_event.v1"
accession: "0000106640-24-000105"
form_type: "8-K"
ticker: "WHR"
cik: "0000106640"
company_name: "WHIRLPOOL CORP /DE/"
filed_at: "2024-05-03T23:59:59+00:00"
generated_at: "2026-06-02T22:51:46.197509+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Whirlpool announces additional workforce reduction plan of $52-57M

## Summary
- Q1 workforce reduction cost $23M; new Q2 plan adds estimated $52-57M in termination costs.
- Total 2024 restructuring charges expected between $75M and $80M.
- Substantially all costs expected to be cash expenditures in 2024; actions substantially complete by year-end.
- Reductions follow European appliance transaction and aim to simplify organizational model.

## SEC filing metadata
- accession: 0000106640-24-000105
- form_type: 8-K
- ticker: WHR
- cik: 0000106640
- company_name: WHIRLPOOL CORP /DE/
- filed_at: 2024-05-03T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.05
- EDGAR index: https://www.sec.gov/Archives/edgar/data/106640/000010664024000105/0000106640-24-000105-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/106640/000010664024000105/whr-20240429.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000106640-24-000105
- JSON: https://secwatch.observer/filing/0000106640-24-000105.json
- Plain text: https://secwatch.observer/filing/0000106640-24-000105.txt

## Key facts
- Restructurings & Charges
  WHIRLPOOL CORP /DE/ announced a restructuring with charges of approximately $75 million to $80 million affecting global.
  - Type: restructuring
  - Charge: approximately $75 million to $80 million
  - Affected area: global
  source text: On April 29, 2024, the Company began the employee notification process for an additional global workforce reduction plan, including involuntary severance actions (the “Second Quarter Workforce Reduction Plans”). Total expected costs for actions under the Second Quarter Workforce Reduction Plans are an estimated $52 million to $57 million, primarily in employee termination costs, which we expect to incur within the second quarter of 2024. The Company expects total restructuring charges of approximately $75 million to $80 million for fiscal year 2024, reflecting amounts under the First Quarter Workforce Reduction Plans and Second Quarter Workforce Reduction Plans outlined above.
  evidence_url: https://www.sec.gov/Archives/edgar/data/106640/000010664024000105/0000106640-24-000105-index.htm

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