Ball layoffs, on the record
Every job cut, severance charge and restructuring Ball reported in its annual reports, 2023 to 2025, quoted from the filings. Headcount went from approximately 21,000 to approximately 16,000.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2023 | approximately 21,000 | At the end of 2023 |
| 10-K for 2024 | approximately 16,000 | At the end of 2024 |
| 10-K for 2025 | approximately 16,000 | At the end of 2025 |
Job cuts, severance and restructuring
Our summaryBall recorded 2024 business consolidation charges, including a noncash charge to write down the aluminum cups business, facility closure costs, and employee severance costs from restructuring its operating model.
Word for word“During 2024, the company recorded charges of $ 420 million primarily related to a $ 233 million noncash charge to adjust the carrying value of the aluminum cups business to its estimated fair value less cost to sell, $ 161 million facility closure costs and $ 34 million of costs for employee severance, employee benefits and other related items resulting from the company restructuring its operating model.” 10-K for 2024
Our summaryIn 2025 the company recorded net income from business consolidation and other activities, mainly a gain on the Saudi Arabia business sale, partly offset by costs of previously announced facility closures and a loss on the aluminum cups transaction.
Word for word“During 2025, the company recorded income of $ 41 million, primarily composed of the $ 81 million gain on the sale of the Saudi Arabia business, and insurance proceeds for replacement costs related to the 2023 fire at the company’s Verona, Virginia, extruded aluminum slug manufacturing facility, partially offset by costs for previously announced facility closures and the loss related to the aluminum cups business transaction.” 10-K for 2025
Ball filed 3 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 Ball’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 2026-02-19. 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.