Costs Associated with Exit or Disposal Activities
Filed when the board commits to an exit or disposal plan — a restructuring, workforce reduction, or facility closure. Discloses the actions, expected timing, and an estimated range of costs by major category.
Recent disclosures
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Starbucks to close ~1% of North America stores, cut FY2026 openings guidance
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Adagio Medical launches strategic alternatives review; cuts 25 of 43 employees
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Woodward to close Santa Clarita facility, move production to Spartanburg, divest legacy lines
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Mission Produce to close 3 facilities, cut jobs in Calavo integration; charges up to ~$15.4M
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Sionna cuts workforce 46%, plans Phase 2a trial for SION-451+SION-2222
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Cambium Networks subsidiary enters administration; cuts 53.6% of workforce
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CVD Equipment restructures, exits new CVD system orders; CEO Lakios out, Cheesman acting CEO
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Commerce.com unveils cost-savings plan, raises FY2026 op income guidance, $50M buyback
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Alamo Group to cease Boxer product line; Q3 2026 charges of $7M-$10M
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Bancorp to exit SBL originations, cut 64 jobs (9% of workforce) in restructuring
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Trade Desk to cut ~15% of workforce; Q3 2026 charges of $39M-$51M
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Simmons First to close 26 branches, expects $40-45M Q3 charges, $37-42M annual PPNR benefit
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Zscaler Q4 FY26 revenue up 25% to $898M; non-GAAP EPS $1.19; guides FY27 revenue ~$3.9B
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TScan cuts 75% of workforce, pauses Phase 3 ALLOHA-2, refocuses on in vivo solid tumors
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GrafTech to permanently close Monterrey, Mexico graphite electrode plant; $20-25M cash costs
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Frontier terminates 13 A320neo leases, leases 10 A321neo; expects $150-200M in charges
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TELA Bio cuts workforce 20%, CFO/COO Cuca steps down; annual savings $17M
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PagerDuty Q2 FY2027 revenue $124.4M (+0.8% YoY), ARR tops $500M; cuts headcount ~15%
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Synopsys raises restructuring charge estimate to $425M-$500M
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PDS Bio cuts 36% of workforce, removes COO Toutain; $842K charge
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Insteel to close Upper Sandusky, Ohio plant; $4.6M charges, 65 jobs cut
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Veritone estimates $4.6-5.3M restructuring charges; $4.5M incurred in Q2 2026
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Comscore announces ROI Strategy with $20-25M annual cost savings, executive pay cuts
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Aura cuts 20% workforce, refocuses on ocular oncology; Q2 cash $323.8M
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Rapid7 Q2 revenue down 1.5% YoY to $210.9M; ARR slips 2%; cuts 12% staff
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N-able Q2 revenue $138.2M (+5.9% YoY); raises FY26 ARR outlook to $562-565M; cuts 6% workforce
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Nerdy winds down Varsity Tutors for Schools; expects $2M-$4M exit costs
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STERIS Q1 revenue $1.5B (+7%), adj EPS $2.59; announces $55-70M restructuring plan
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Etsy Q2 GMS +7.5% YoY, net income $114M; announces 12% workforce reduction and $2B buyback
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DOOR (Latch) announces restructuring: cuts 32% workforce, exits property management
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Freshworks Q2 revenue $237.4M (+16% YoY), first GAAP profitable quarter, raises FY guidance
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Bio-Rad Q2 revenue flat at $651M; announces restructuring plan with $80-90M charges
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Nutanix to cut ~5% of global workforce; expects $33M-$43M in pre-tax charges
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BioCryst estimates $6.2-7.5M in severance costs for discovery program discontinuation
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Lisata Therapeutics cuts 72% of workforce, sues Kuva Labs over merger breach
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ChargePoint cuts 10% workforce, CRO departs, reaffirms Q2 revenue guidance
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Heritage Global to wind down specialty lending segment; expects material non-cash Q2 charge
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Stepan Q2 net income up 102% to $22.9M; adjusted EBITDA up 45% to $74.4M
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BuzzFeed approves 35% workforce reduction; expects $6.5M-$8.5M restructuring charges
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Boston Scientific approves 2026 restructuring plan with $700M-$800M pre-tax charges
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Goodyear to close Fayetteville plant, cut 1,750 jobs; expects $535M-$565M in charges
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Exodus Movement cuts 25% of workforce (~77 employees) in restructuring to focus on payments platform
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Optimus Healthcare to cease operations by July 31, 2026 after settling $4.4M secured debt with Arena
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ArcBest announces restructuring: 2% workforce cut, brand consolidation, $40M annual savings
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Sprout Social to cut ~20% of workforce (260 employees); Q2 results at high end of guidance
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NextCure to reverse merge with Avere; Avere holders get ~98% of combined co; $320M PIPE