Americold Realty Trust layoffs, on the record
Every job cut, severance charge and restructuring Americold Realty Trust reported in its annual reports, 2023 to 2025, quoted from the filings. Headcount went from 14,706 to approximately 12,690.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2023 | 14,706 | December 31, 2023 |
| 10-K for 2024 | 13,755 | December 31, 2024 |
| 10-K for 2025 | approximately 12,690 | December 31, 2025 |
Job cuts, severance and restructuring
Our summaryAmericold recorded severance costs within acquisition, cyber incident, and other, net for 2023, up from the prior year.
Word for word“Severance costs 11,668 6,530 5,138 79 % Acquisition and integration related costs 5,094 20,073 (14,979) (75) % Other, net 1,500 (160) 1,660 n/r Pension plan termination charges 2,461 — 2,461 n/r Litigation 558 179 379 n/r Terminated site operations costs — 4,154 (4,154) (100) % Total acquisition, cyber incident and other, net $ 64,087 $ 32,511 $ 31,576 n/r-not relevant Acquisition, cyber incident, and other, net .” 10-K for 2023
Our summaryThe company said severance cost rose due to the realignment of certain international operations and senior leadership changes.
Word for word“Severance cost increased $5.1 million due to the realignment of certain international operations and senior leadership changes.” 10-K for 2023
Our summaryThe filing describes severance costs as covering exited executives, headcount reductions from synergies or efficiencies in Europe, and workforce reductions from exiting non-strategic warehouses.
Word for word“Severance costs represent certain contractual and negotiated severance and separation costs from exited former executives, reduction in headcount due to synergies achieved through acquisitions or operational efficiencies in Europe and reduction in workforce costs associated with exiting or selling non-strategic warehouses or businesses.” 10-K for 2023
Our summarySeverance costs were recorded in 2022 and 2021 as well, shown in the multi-year note on acquisition, cyber incident and other, net.
Word for word“Severance costs 11,668 6,530 8,908 Acquisition and integration related costs 5,094 20,073 39,265 Other, net 1,500 ( 160 ) 751 Pension plan termination charges 2,461 — — Litigation 558 179 2,217 Terminated site operations costs — 4,154 884 Total acquisition, cyber incident and other, net $ 64,087 $ 32,511 $ 51,578 F-31 Americold Realty Trust, Inc. and Subsidiaries Notes to Consolidated Financial Statements-(Continued) Cyber incident related costs include third-party fees incurred in connection with cyber incidents, as well as any incremental costs, internal and external, incurred to restore operations at our facilities and damage claims.” 10-K for 2023
Our summaryRecorded severance costs as part of acquisition, cyber incident, and other, net expenses in 2024, relating to exited executives, headcount reductions and workforce reductions from exiting warehouses or businesses.
Word for word“Severance costs represent certain contractual and negotiated severance and separation costs from exited former executives, reduction in headcount due to synergies achieved through acquisitions or operational efficiencies and reduction in workforce costs associated with exiting or selling non-strategic warehouses or businesses.” 10-K for 2024
Our summaryRecorded a terminated site operations cost charge within acquisition, cyber incident, and other, net expenses.
Word for word“Terminated site operations costs — — 4,154 Total acquisition, cyber incident, and other, net $ 77,169 $ 64,087 $ 32,511 Project Orion expenses represent the non-capitalizable portion of our Project Orion costs.” 10-K for 2024
Our summarySeverance costs rose in 2025 mainly because the company carried out more workforce reductions than in the prior year.
Word for word“These costs increased $1.1 million primarily due to increased workforce reductions during the year ended December 31, 2025.” 10-K for 2025
| Fiscal year ended | Severance costs |
|---|---|
| 2020-12-31 | $1.1 million |
| 2021-12-31 | $8.9 million |
| 2022-12-31 | $6.5 million |
| 2023-12-31 | $4.8 million |
| 2024-12-31 | $6.6 million |
| 2025-12-31 | $7.7 million |
Americold Realty Trust 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 Americold Realty Trust’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 2026-02-26. 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.