JABIL INC (JBL): restructuring charge — 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

Key facts

Extracted from this filing and checked against the source text.

Restructurings & Charges SEC 8-K Item 2.05/2.06 confidence 0.9

JABIL INC announced a restructuring with charges of approximately $200 million.

Type: restructuring
Charge: approximately $200 million

Exact text from the filing

The Company expects the total amount of pre-tax restructuring and other related costs to be approximately $200 million, including the following estimated items: • $60 million to $70 million of employee severance and benefit costs; • $65 million to $70 million of asset write-off costs; and • $55 million to $65 million of contract termination costs and other related costs.

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Source: SEC EDGAR

accession 0001193125-25-143162

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