other_material
confidence high
sentiment negative
materiality 0.65
Jabil estimates $200M pre-tax restructuring cost for fiscal 2025 plan
JABIL INC
- Total pre-tax restructuring costs expected ~$200M: severance $60-70M, asset write-offs $65-70M, contract termination $55-65M.
- Costs to be incurred over fiscal year 2025; exact timing not finalized.
- Plan includes headcount reductions in SG&A and manufacturing, and capacity realignment.
- Amendment to original Sep 2024 8-K providing cost estimates not previously estimable.
item 2.05