On the Record · Cleveland-cliffs
Cleveland-cliffs layoffs, on the record
Every job cut, severance charge and restructuring Cleveland-cliffs reported in its annual reports, 2023 to 2025, quoted from the filings.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2023 | approximately 28,000 | December 31, 2023 |
Job cuts, severance and restructuring
None of Cleveland-cliffs’s annual reports for 2023 to 2025 describes a layoff, workforce reduction or restructuring.
| Fiscal year ended | Severance costs | Restructuring charges | Cash paid for restructuring |
|---|---|---|---|
| 2018-12-31 | $0 | — | — |
| 2019-12-31 | $2 million | — | — |
| 2020-12-31 | $38 million | — | — |
| 2022-12-31 | — | $0 | — |
| 2023-12-31 | — | $0 | — |
| 2024-12-31 | — | $129 million | $60 million |
| 2025-12-31 | — | $86 million | $84 million |
Cleveland-cliffs filed 1 restructuring notice (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 Cleveland-cliffs’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 2026-02-09. 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.