---
schema_version: "secwatch.filing_event.v1"
accession: "0001173514-25-000133"
form_type: "8-K"
ticker: "HY"
cik: "0001173514"
company_name: "HYSTER-YALE, INC."
filed_at: "2025-11-19T23:59:59+00:00"
generated_at: "2026-05-16T18:21:57.274671+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Hyster-Yale approves restructuring: cut 575 jobs, $21M charge in Q4 2025

## Summary
- Global workforce reduced by approx. 575 employees across manufacturing and staff functions.
- Pre-tax charge of ~$21M in Q4 2025 for severance and related cash costs.
- Annualized cost savings of $40-45M expected beginning Q1 2026.
- Restructuring aligns cost structure with low industry volumes; recovery anticipated mid-2026.
- Actions are additive to previously announced restructuring initiatives.

## SEC filing metadata
- accession: 0001173514-25-000133
- form_type: 8-K
- ticker: HY
- cik: 0001173514
- company_name: HYSTER-YALE, INC.
- filed_at: 2025-11-19T23:59:59+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, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1173514/000117351425000133/0001173514-25-000133-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1173514/000117351425000133/hy-20251113.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001173514-25-000133
- JSON: https://secwatch.observer/filing/0001173514-25-000133.json
- Plain text: https://secwatch.observer/filing/0001173514-25-000133.txt

## Source-grounded claims
- claim_id: f98d630ff7ec51c12ddc0c0c7bd6a8b244d4d361
  claim: HYSTER-YALE, INC. announced a restructuring with charges of approximately $21 million affecting global manufacturing and staff functions (approximately 575 employees).
  evidence_excerpt: On November 13, 2025, the Board of Directors of Hyster-Yale, Inc. (the "Company") approved a restructuring plan that furthers progress toward the Company's cost reduction initiatives in response to current economic and industry dynamics. This action will reduce the Company's global workforce by approximately 575 employees. The Company expects to record pre-tax charges in the fourth quarter of 2025 of approximately $21 million consisting of severance and related benefit costs, all of which are expected to be paid in cash.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1173514/000117351425000133/0001173514-25-000133-index.htm

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