---
schema_version: "secwatch.filing_event.v1"
accession: "0001050825-23-000090"
form_type: "8-K"
ticker: null
cik: "0001050825"
company_name: "STEELCASE INC"
filed_at: "2023-05-04T23:59:59+00:00"
generated_at: "2026-06-15T19:38:07.201051+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Steelcase plans to cut 305+ roles globally; expects $14M-$18M restructuring charges

## Summary
- Approves workforce reductions in France (40-50 salaried) with $10M-$13M pre-tax charges.
- Additional reductions: ~260 roles in Asia Pacific, EMEA, Americas; $4M-$5M charges.
- Total annualized savings from both actions: ~$10M-$12M when fully implemented.
- Most departures expected by end of Q1 FY2024; France actions pending labor authority approval.
- Investor day scheduled for May 4, 2023; presentations by CEO Sara Armbruster.

## SEC filing metadata
- accession: 0001050825-23-000090
- form_type: 8-K
- cik: 0001050825
- company_name: STEELCASE INC
- filed_at: 2023-05-04T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.05, 7.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1050825/000105082523000090/0001050825-23-000090-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1050825/000105082523000090/scs-20230503.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001050825-23-000090
- JSON: https://secwatch.observer/filing/0001050825-23-000090.json
- Plain text: https://secwatch.observer/filing/0001050825-23-000090.txt

## Key facts
- Restructurings & Charges
  STEELCASE INC announced a restructuring with charges of approximately $10 million to $13 million affecting France (approximately 40 to 50 salaried roles).
  - Type: restructuring
  - Charge: approximately $10 million to $13 million
  - Affected area: France
  - Headcount: approximately 40 to 50 salaried roles
  source text: On May 3, 2023, in response to persisting inflationary pressures and decreasing plant utilization in Europe, the Middle East and Africa (“EMEA”), the Board of Directors of Steelcase Inc. (the “Company”) approved plans for workforce reductions in France. These plans involve the reduction of approximately 40 to 50 salaried roles. The Company expects to incur approximately $10 million to $13 million in pre-tax restructuring charges in connection with these actions, consisting of cash severance payments and payment of other separation-related benefits.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1050825/000105082523000090/0001050825-23-000090-index.htm

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