---
schema_version: "secwatch.filing_event.v1"
accession: "0001670541-24-000065"
form_type: "8-K"
ticker: "ADNT"
cik: "0001670541"
company_name: "Adient plc"
filed_at: "2024-04-22T23:59:59+00:00"
generated_at: "2026-06-03T14:06:55.802451+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Adient plc plans $125M restructuring charge in Europe, expects $60M annual cost savings

## Summary
- Restructuring charge of approximately $125 million in Q2 FY2024, almost entirely termination benefits in Europe.
- Actions primarily in fiscal years 2025 and 2026, expected to be substantially complete by fiscal year 2027.
- Anticipates approximately $60 million in reduced annual operating costs, with about 80% net savings.
- Driven by structural changes in European auto market; includes workforce reductions and work transfer to lower-cost countries.

## SEC filing metadata
- accession: 0001670541-24-000065
- form_type: 8-K
- ticker: ADNT
- cik: 0001670541
- company_name: Adient plc
- filed_at: 2024-04-22T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.05
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1670541/000167054124000065/0001670541-24-000065-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1670541/000167054124000065/adnt-20240331.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001670541-24-000065
- JSON: https://secwatch.observer/filing/0001670541-24-000065.json
- Plain text: https://secwatch.observer/filing/0001670541-24-000065.txt

## Key facts
- Restructurings & Charges
  Adient plc announced a restructuring with charges of approximately $125 million affecting Europe.
  - Type: restructuring
  - Charge: approximately $125 million
  - Affected area: Europe
  source text: works councils to complete statutory co-determination procedures will occur over the coming months. Adient currently expects to record a restructuring charge of approximately $125 million in the second quarter of fiscal year 2024, almost entirely related to termination benefits in Europe. Adient currently estimates that this charge will result in future cash
  evidence_url: https://www.sec.gov/Archives/edgar/data/1670541/000167054124000065/0001670541-24-000065-index.htm

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