Bath & Body Works layoffs, on the record
Every job cut, severance charge and restructuring Bath & Body Works reported in its annual reports, 2024 to 2026, quoted from the filings. Headcount went from approximately 57,200 to over 60,700.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2024 | approximately 57,200 | February 3, 2024 |
| 10-K for 2025 | approximately 59,200 | February 1, 2025 |
| 10-K for 2026 | over 60,700 | January 31, 2026 |
Job cuts, severance and restructuring
Our summaryThe company recognized costs for business transformation activities tied to the Consumer First Formula, mostly severance benefits.
Word for word“(a) In 2025, we recognized aggregate pre-tax costs of $15 million (after-tax costs of $12 million), primarily included in General, Administrative and Store Operating Expenses, resulting from business transformation activities in connection with the Consumer First Formula.” 10-K for 2026
| Fiscal year ended | Severance costs | Restructuring charges | Cash paid for restructuring |
|---|---|---|---|
| 2017-01-28 | — | — | $16 million |
| 2019-02-02 | — | $23 million | $16 million |
| 2021-01-30 | $3 million | — | $49 million |
Bath & Body Works 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 Bath & Body Works’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 2026-03-12. 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.