CF Industries Holdings layoffs, on the record
Every job cut, severance charge and restructuring CF Industries Holdings reported in its annual reports, 2023 to 2025, quoted from the filings. Headcount went from approximately 2,700 to approximately 2,900.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2023 | approximately 2,700 | December 31, 2023 |
| 10-K for 2024 | approximately 2,800 | December 31, 2024 |
| 10-K for 2025 | approximately 2,900 | December 31, 2025 |
Job cuts, severance and restructuring
Our summaryApproved and announced a plan to restructure U.K. operations, including permanent closure of the Ince facility and optimization of the Billingham facility, with post-employment benefit charges for employees to be terminated.
Word for word“In 2022, related to our U.K. operations, we recognized total charges of $258 million, consisting of $239 million of asset impairment charges primarily related to property, plant and equipment at our Billingham and Ince facilities and definite-lived intangible assets and $19 million of restructuring charges primarily related to post-employment benefits related to contractual and statutory obligations and one-time termination benefits.” 10-K for 2023
Our summaryApproved and announced a plan to permanently close the ammonia plant at the Billingham complex, with post-employment benefits for employees whose employment would be terminated.
Word for word“In July 2023, we approved and announced our proposed plan to permanently close the ammonia plant at our Billingham complex, and, in September 2023, the final plan was approved.” 10-K for 2023
Our summaryCompany recognized a $10 million charge in 2023 for the U.K. operations restructuring, mainly an asset retirement obligation and post-employment benefits tied to closing the Billingham ammonia plant.
Word for word“In 2023, we recognized total charges of $10 million, consisting primarily of the recognition of an asset retirement obligation and post-employment benefits related to contractual and statutory obligations due to employees as a result of our approved plan to permanently close the ammonia plant at our Billingham complex.” 10-K for 2024
Our summaryCompany approved and announced a plan to restructure its U.K. operations, including permanent closure of the Ince facility, with a $10 million post-employment benefits charge for employees to be terminated.
Word for word“As a result, in the second quarter of 2022, we recorded total charges of $ 162 million related to the Ince facility as follows: • asset impairment charges of $ 152 million consisting of the following: 73 Table of Contents CF INDUSTRIES HOLDINGS, INC. ◦ an impairment charge of $ 135 million related to property, plant and equipment that is planned for abandonment at the Ince facility, including a liability of approximately $ 9 million for the costs of certain asset retirement activities related to the Ince site; ◦ an intangible asset impairment charge of $ 8 million related to trade names; and ◦ an impairment charge of $ 9 million related to the write-down of spare parts and certain raw materials at the Ince facility; and • a charge for post-employment benefits totaling $ 10 million, which is included in the U.K. operations restructuring line item in our consolidated statements of operations, related to contractual and statutory obligations due to employees whose employment would be terminated in the proposed plan.” 10-K for 2024
Our summaryCompany recorded additional U.K. restructuring charges for one-time termination benefits in the third and fourth quarters of 2022.
Word for word“In the fourth quarter of 2022, we incurred additional charges related to our U.K. restructuring of $ 1 million, primarily related to one-time termination benefits.” 10-K for 2024
Our summaryThe company sold its idled Ince facility in the U.K. in early 2025 and recorded a loss on the sale, as part of its earlier U.K. operations restructuring.
Word for word“In the first quarter of 2025, we sold our Ince facility and recognized a loss of $23 million.” 10-K for 2025
| Fiscal year ended | Restructuring charges |
|---|---|
| 2020-12-31 | $0 |
| 2021-12-31 | $0 |
| 2022-12-31 | $19 million |
| 2023-12-31 | $10 million |
| 2024-12-31 | $0 |
| 2025-12-31 | $23 million |
CF Industries Holdings 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 CF Industries Holdings’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 2026-02-25. 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.