---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-249019"
form_type: "8-K"
ticker: "JBL"
cik: "0000898293"
company_name: "JABIL INC"
filed_at: "2023-10-02T23:59:59+00:00"
generated_at: "2026-06-10T06:43:27.529562+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Jabil approves $300M restructuring plan for Mobility business realignment

## Summary
- Board approved Sept 26, 2023; includes headcount reductions in SG&A and capacity realignment.
- Pre-tax charges of ~$300M expected over fiscal 2024; net cash outflows ~$200M through fiscal 2025.
- Plan addresses stranded costs from sale/realignment of Mobility business and global footprint optimization.
- Exact timing and cost breakdown not finalized; subject to employee consultations and statutory severance.

## SEC filing metadata
- accession: 0001193125-23-249019
- form_type: 8-K
- ticker: JBL
- cik: 0000898293
- company_name: JABIL INC
- filed_at: 2023-10-02T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.05
- EDGAR index: https://www.sec.gov/Archives/edgar/data/898293/000119312523249019/0001193125-23-249019-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/898293/000119312523249019/d331772d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-249019
- JSON: https://secwatch.observer/filing/0001193125-23-249019.json
- Plain text: https://secwatch.observer/filing/0001193125-23-249019.txt

## Key facts
- Restructurings & Charges
  JABIL INC announced a restructuring with charges of approximately $300 million affecting Selling, General and Administrative ("SG&A") cost base and global footprint.
  - Type: restructuring
  - Charge: approximately $300 million
  - Affected area: Selling, General and Administrative ("SG&A") cost base and global footprint
  source text: subject to consultation with the Company’s employees and their representatives. Based on the analysis done to date, the Company currently expects to recognize approximately $300 million in pre-tax restructuring and other related costs over the course of the Company’s 2024 fiscal year. The charges relating to the 2024 Restructuring Plan are currently expected to
  evidence_url: https://www.sec.gov/Archives/edgar/data/898293/000119312523249019/0001193125-23-249019-index.htm

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