---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-109221"
form_type: "8-K"
ticker: "OI"
cik: "0000812074"
company_name: "O-I Glass, Inc. /DE/"
filed_at: "2024-10-16T23:59:59+00:00"
generated_at: "2026-05-30T14:13:01.512161+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

# O-I Glass approves severance program, expects $21M charge in Q3 2024

## Summary
- Charge of ~$21M associated with severance program under Fit to Win initiative.
- Program targets reduction in SG&A costs in Americas segment and corporate costs.
- Majority of charge is cash severance, expected to be paid in Q4 2024.
- Program is part of previously announced Fit to Win cost-saving initiative.

## SEC filing metadata
- accession: 0001104659-24-109221
- form_type: 8-K
- ticker: OI
- cik: 0000812074
- company_name: O-I Glass, Inc. /DE/
- filed_at: 2024-10-16T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.45
- calibrated_materiality_score: 0.45
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/812074/000110465924109221/0001104659-24-109221-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/812074/000110465924109221/tm2426289d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-109221
- JSON: https://secwatch.observer/filing/0001104659-24-109221.json
- Plain text: https://secwatch.observer/filing/0001104659-24-109221.txt

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