Xylem confirms FY2024 results in-line/above guidance; announces restructuring with $95-115M charges

Xylem Inc.

On Jan 28, 2025, management committed to a restructuring plan with workforce reductions across all businesses.
Pre-tax charges estimated at $95M-$115M primarily in 2025, including ~$19M in Q4 2024.
Company confirms full-year 2024 financial results will be largely in line with or above prior guidance (Oct 31, 2024).
Majority of workforce reductions expected by end of 2025, some into 2026.
Charges consist of severance, termination benefits, and associated costs, paid in cash.

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