Corning layoffs, on the record
Every job cut, severance charge and restructuring Corning reported in its annual reports, 2023 to 2025, quoted from the filings.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2023 | 49,800 | — |
Job cuts, severance and restructuring
Our summarySeverance charges in 2023 included curtailment and special termination benefit charges, which the filing says were $20 million.
Word for word“Severance charges in the year ended December 31, 2023 include $20 million in curtailment and special termination benefit charges.” 10-K for 2023
Our summaryThe filing refers to restructuring, impairment and other charges and credits described in Note 2, including impairment losses, asset write-offs, accelerated depreciation, disposal costs and inventory write-downs.
Word for word“Amount includes charges associated with impairment losses, asset write-offs, accelerated depreciation, disposal costs and inventory write-downs.” 10-K for 2023
| Fiscal year ended | Severance costs | Restructuring charges | Cash paid for restructuring |
|---|---|---|---|
| 2016-12-31 | — | — | $12 million |
| 2017-12-31 | — | — | $4 million |
| 2018-12-31 | $16 million | $130 million | — |
| 2019-12-31 | $63 million | $439 million | — |
| 2020-12-31 | $148 million | $827 million | — |
| 2021-12-31 | −$13 million | — | — |
| 2022-12-31 | $70 million | — | — |
| 2023-12-31 | $187 million | — | — |
| 2024-12-31 | $45 million | — | — |
| 2025-12-31 | $26 million | — | — |
Corning 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 Corning’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 2026-02-12. 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.