Albemarle layoffs, on the record
Every job cut, severance charge and restructuring Albemarle reported in its annual reports, 2023 to 2025, quoted from the filings. Headcount went from approximately 9,000 to approximately 7,800.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2023 | approximately 9,000 | December 31, 2023 |
| 10-K for 2024 | approximately 8,300 | December 31, 2024 |
| 10-K for 2025 | approximately 7,800 | As of December 31, 2025 |
Job cuts, severance and restructuring
Our summaryAnnounced in January 2024 a cost-structure optimization that includes a headcount reduction, with a severance and outplacement charge expected in the first quarter of 2024.
Word for word“As part of the announced reduction in headcount, we expect to record a charge of approximately $15 million to $20 million for severance and outplacement costs in the first quarter of 2024.” 10-K for 2023
Our summaryRecorded separation and other severance costs for employees in Corporate and the Ketjen business during 2023.
Word for word“SG&A - $9.5 million of separation and other severance costs to employees in Corporate and the Ketjen business which are primarily expected to be paid out during 2023, $2.3 million of facility closure expenses related to offices in Germany, $1.9 million of charges primarily for environmental reserves at sites not part of our operations and $1.8 million of various expenses including for certain legal costs and shortfall contributions for a multiemployer plan financial improvement plan.” 10-K for 2023
Our summaryAlbemarle announced a new operating structure moving from two core global business units to a fully integrated functional model (excluding Ketjen), alongside certain restructuring activities.
Word for word“As part of these actions, we announced a new operating structure, effective November 1, 2024, that transitions from two core global business units to a fully integrated functional model (excluding Ketjen) designed to increase agility, deliver significant cost savings and maintain long-term competitiveness.” 10-K for 2024
Our summaryThe company moved from two core global business units to a fully integrated functional model, excluding Ketjen, to cut costs and stay competitive.
Word for word“In 2024, we transitioned from two core global business units to a fully integrated functional model (excluding Ketjen) designed to increase agility, deliver significant cost savings and maintain long-term competitiveness.” 10-K for 2025
Our summaryThe company recorded restructuring charges and asset write-offs, mostly contract cancellation adjustments and costs to put the Chengdu conversion facility and Kemerton Train 2 into care and maintenance.
Word for word“Restructuring charges and asset write-offs $ 7,699 $ 1,134,316 $ (1,126,617) NM • 2025 primarily included adjustments to contract cancellation costs with key suppliers and costs to put the Chengdu, China conversion facility and Kemerton Train 2 into care and maintenance as part of the restructuring plan.” 10-K for 2025
Albemarle has filed no restructuring notice (Form 8-K, Item 2.05) since 2016. Companies file one only for a cut they judge material, so many announced layoffs never appear as one. This page shows what the company reported to the SEC, not news reports or state layoff notices.
Read from Albemarle’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-11. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.