Brunswick layoffs, on the record
Every job cut, severance charge and restructuring Brunswick reported in its annual reports, 2023 to 2025, quoted from the filings. Headcount went from approximately 17,300 to approximately 14,000.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2023 | approximately 17,300 | December 31, 2023 |
| 10-K for 2024 | approximately 15,000 | December 31, 2024 |
| 10-K for 2025 | approximately 14,000 | December 31, 2025 |
Job cuts, severance and restructuring
Our summaryCompany recorded restructuring, exit and impairment charges in 2024 and estimated the restructuring actions executed in 2024 will yield annualized cost savings.
Word for word“The Company estimates the restructuring actions executed in 2024 will result in approximately $24.0 million of annualized cost savings.” 10-K for 2024
| Fiscal year ended | Severance costs | Cash paid for restructuring |
|---|---|---|
| 2016-12-31 | — | $10.2 million |
| 2017-12-31 | — | $16.1 million |
| 2018-12-31 | — | $15.8 million |
| 2019-12-31 | $11.7 million | $22.6 million |
| 2020-12-31 | $3 million | $9.2 million |
| 2021-12-31 | $800,000 | $3.8 million |
| 2022-12-31 | $7.7 million | $3.8 million |
| 2023-12-31 | — | $31.8 million |
| 2024-12-31 | — | $33.2 million |
| 2025-12-31 | — | $17.4 million |
Brunswick 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 Brunswick’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 2026-02-13. 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.