On the Record · Altria Group

Altria Group layoffs, on the record

Every job cut, severance charge and restructuring Altria Group reported in its annual reports, 2023 to 2025, quoted from the filings. Headcount went from approximately 6,400 to approximately 5,900.

Headcount, as reported

Annual report	Employees	As of
10-K for 2023	approximately 6,400	December 31, 2023
10-K for 2024	approximately 6,200	December 31, 2024
10-K for 2025	approximately 5,900	December 31, 2025

Job cuts, severance and restructuring

Our summaryAltria reports an initiative under which it expects to record most remaining costs for early phases in the first half of 2025, mainly severance for employee separations plus technology and advisory costs. We expect to record the majority of the remaining costs for these initial phases in the first half of 2025.
Word for word“We expect to record the majority of the remaining costs for these initial phases in the first half of 2025.” 10-K for 2024
Our summaryAltria made cash payments for the Initiative in 2024, all related to implementation costs, and carried restructuring severance liabilities at year end.
Word for word“We made cash payments of $ 11 million for the Initiative in 2024 all of which were related to implementation costs.” 10-K for 2024
Our summaryAltria is carrying out a restructuring initiative and expects to record most of the remaining charges by the end of 2027. The charges are cash costs that include severance for employee separations, new technology implementation and business advisory services. by the end of 2027
Word for word“We expect to record the majority of the remaining charges by the end of 2027.” 10-K for 2025
Our summaryAltria reported total cash payments made since the Initiative began, split between exit costs and implementation costs. As of December 31, 2025 · Cost: $ 90 million, consisting of $ 18 million for exit costs and $ 72 million for implementation costs
Word for word“As of December 31, 2025, total cash payments since the inception of the Initiative were $ 90 million, consisting of $ 18 million for exit costs and $ 72 million for implementation costs.” 10-K for 2025

As filedReported in the company's financial data (XBRL), each linked to its filing
Fiscal year ended	Restructuring charges	Restructuring costs incurred	Cash paid for restructuring
2016-12-31	$173 million	$152 million	$73 million
2017-12-31	$78 million	$25 million	$71 million
2018-12-31	$453 million	$154 million	$32 million
2019-12-31	$216 million	$59 million	$147 million
2020-12-31	$407 million	−$4 million	$47 million
2021-12-31	$1 million	—	—

Altria Group filed 1 restructuring notice (Form 8-K, Item 2.05) since 2016. This page shows what the company reported to the SEC, not news reports or state layoff notices.

Read from Altria Group’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 2026-02-25. 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.