AZZ layoffs, on the record
Every job cut, severance charge and restructuring AZZ reported in its annual reports, 2024 to 2026, quoted from the filings. Headcount went from approximately 3,873 to approximately 3,767.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2024 | approximately 3,873 | February 29, 2024 |
| 10-K for 2025 | approximately 3,684 | February 28, 2025 |
| 10-K for 2026 | approximately 3,767 | February 28, 2026 |
Job cuts, severance and restructuring
Our summaryThe filing states the company had no restructuring liabilities outstanding at the balance sheet dates shown; no layoff or workforce reduction program is reported.
Word for word“As of February 29, 2024, February 28, 2023, and February 28, 2022 the Company had no restructuring liabilities outstanding.” 10-K for 2024
Our summaryRecorded retirement and other severance expense for certain executive management employees in fiscal 2025.
Word for word“Fiscal year 2025 also includes an accrual related to a legal settlement and accrual related to a non-operating entity of $3.5 million, as well as retirement and other severance expenses of $3.7 million.” 10-K for 2025
Our summaryReported that retirement and other severance expense for certain executive management employees drove a rise in corporate salaries and wages.
Word for word“The increase is primarily due to: an increase in salaries and wages, due to retirement and other severance expense for certain executive management employees; increased incentive expense, due to improved performance of the Company; an increase in expenses related to the Company's employee stock purchase plan, due to the increase in AZZ's common stock price; a legal 25 Table of Contents settlement and other legal expenses related to a non-operating entity of $3.5 million; and transition services agreement fees associated with the AVAIL JV, which were received in the prior year, with no comparable receipt in the current year.” 10-K for 2025
Our summaryStated that the company had no restructuring liabilities outstanding at the balance sheet dates.
Word for word“As of February 28, 2025, February 29, 2024, and February 28, 2023 the Company had no restructuring liabilities outstanding.” 10-K for 2025
Our summaryThe company restructured part of its Metal Coatings segment and closed two surface technology facilities, in Garland, Texas and Tampa, Florida, recording restructuring charges.
Word for word“During the year ended February 28, 2026, we recognized restructuring charges of $ 3.8 million, which are included in "Cost of sales" in the consolidated statement of operations and includes the loss on sale of equipment, for which we received $ 0.7 million in proceeds.” 10-K for 2026
| Fiscal year ended | Restructuring charges | Cash paid for restructuring |
|---|---|---|
| 2017-02-28 | $7.9 million | −$1 million |
| 2018-02-28 | $8 million | −$307,000 |
| 2019-02-28 | $1.3 million | −$491,000 |
| 2020-02-29 | $1.3 million | — |
| 2021-02-28 | $1.3 million | — |
AZZ 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 AZZ’s annual reports (10-K for 2026, 10-K for 2025, 10-K for 2024) and the financial data it files with the SEC, as of 2026-04-22. 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.