American Woodmark layoffs, on the record
Every job cut, severance charge and restructuring American Woodmark reported in its annual reports, 2023 to 2025, quoted from the filings. Headcount went from over 8,800 to over 7,800.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2023 | over 8,800 | April 30, 2023 |
| 10-K for 2024 | over 8,600 full-time employees | As of April 30, 2024 |
| 10-K for 2025 | over 7,800 | April 30, 2025 |
Job cuts, severance and restructuring
Our summaryImplemented nationwide reductions in force in the third quarter of fiscal 2023, substantially completed in the fourth quarter, mainly severance and separation costs.
Word for word“In the third quarter of fiscal 2023, the Company implemented nationwide reductions in force, which were substantially completed in the fourth quarter of fiscal 2023.” 10-K for 2023
Our summaryRecorded a reserve for restructuring charges, mostly employee termination costs accrued but not yet paid, within accrued compensation.
Word for word“A reserve of $ 0.8 million for restructuring charges is included in accrued compensation and related expenses in the consolidated balance sheet as of April 30, 2023 which relates to employee termination costs accrued but not yet paid.” 10-K for 2023
Our summaryClosure and eventual disposal of the Humboldt, Tennessee manufacturing plant, approved by the Board; the plant was sold in fiscal 2021.
Word for word“During June 2020, the Company's Board approved the closure and eventual disposal of its manufacturing plant located in Humboldt, Tennessee.” 10-K for 2023
Our summaryThe company recognized total pre-tax restructuring charges, net, for fiscal years 2024, 2023 and 2022.
Word for word“During fiscal years 2024, 2023, and 2022, the Company recognized total pre-tax restructuring charges, net of $( 0.2 ) million, $ 1.5 million, and $ 0.2 million, respectively.” 10-K for 2024
Our summaryThe company carried out a reduction in force in the second quarter of fiscal 2025 and recorded restructuring charges, mainly severance and separation costs.
Word for word“The Company recognized pre-tax restructuring charges, net of $ 1.5 million for the year ended April 30, 2025, related to the reduction in force, which were primarily severance and separation costs.” 10-K for 2025
Our summaryThe Board approved closing the Orange, Virginia manufacturing plant, with a total of $3.1 million in charges recognized in fiscal 2025, including $1.5 million of severance and separation costs.
Word for word“The Company recognized total pre-tax restructuring charges, net of $ 3.1 million for the year ended April 30, 2025, related to the closure of the plant, including severance and separation costs of $ 1.5 million, accelerated depreciation of $ 0.7 million, costs to move equipment to other 49 locations of $ 0.7 million and $ 0.2 million of facilities and professional fees.” 10-K for 2025
Our summaryThe company expects additional charges in fiscal 2026 for the closing of the Orange plant.
Word for word“The Company expects to incur between $ 1.0 million to $ 2.5 million of additional charges in fiscal 2026 related to the closing of the plant.” 10-K for 2025
| Fiscal year ended | Restructuring charges | Cash paid for restructuring |
|---|---|---|
| 2017-04-30 | $0 | — |
| 2018-04-30 | $0 | — |
| 2019-04-30 | $2 million | $1.6 million |
| 2020-04-30 | −$18,000 | $180,000 |
| 2021-04-30 | $5.8 million | $1.8 million |
| 2022-04-30 | $183,000 | — |
| 2023-04-30 | $1.5 million | — |
| 2024-04-30 | −$198,000 | — |
| 2025-04-30 | $4.6 million | $2.2 million |
American Woodmark filed 2 restructuring notices (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 American Woodmark’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 2025-06-25. 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.