Stratrix
On the Record · Cummins

Cummins layoffs, on the record

Every job cut, severance charge and restructuring Cummins reported in its annual reports, 2023 to 2025, quoted from the filings. Headcount went from approximately 75,500 to approximately 67,400.

Headcount, as reported

Annual reportEmployeesAs of
10-K for 2023approximately 75,500December 31, 2023
10-K for 2024approximately 69,600 persons worldwideDecember 31, 2024
10-K for 2025approximately 67,400At December 31, 2025

Job cuts, severance and restructuring

  1. Our summaryAccelera segment inventory write-downs and severance were recorded in cost of sales as part of the Accelera strategic reorganization actions. 2024 · Cost: $112 million of inventory write-downs and severance

    Word for word“Cost of sales in 2024 included $112 million of inventory write-downs and severance in our Accelera segment.” 10-K for 2024
  2. Our summaryCummins recorded non-cash charges and severance in the fourth quarter tied to the Accelera reorganization actions.

    Word for word“We also recorded severance of approximately $ 7 million.” 10-K for 2024
  3. Our summaryRecorded additional fourth-quarter 2025 Accelera charges for inventory write-downs, asset and lease impairments, contract terminations and severance. in the fourth quarter of 2025 · Cost: $218 million

    Word for word“As a result of these actions, we recorded several additional charges in the fourth quarter of 2025 related to inventory write-downs, intangible and fixed asset impairments, lease impairments, contract terminations and severance, totaling $218 million.” 10-K for 2025
  4. Our summaryRecorded total 2025 charges for all Accelera actions. 2025 · Cost: $458 million

    Word for word“Total charges for all Accelera actions in 2025 were $458 million.” 10-K for 2025
  5. Our summaryRecorded severance and contract termination costs in the fourth quarter of 2025 as part of the Accelera shift. Cost: severance of approximately $ 13 million and contract termination costs of $ 34 million

    Word for word“We also recorded severance of approximately $ 13 million and contract termination costs of $ 34 million.” 10-K for 2025
As filedReported in the company's financial data (XBRL), each linked to its filing
Fiscal year endedSeverance costsRestructuring chargesCash paid for restructuringPositions eliminated
2016-12-31——$58 million—
2017-12-31$0———
2018-12-31$0$0——
2019-12-31$119 million$115 million$4 million2,300
2020-12-31$0−$110 million$110 million—
2021-12-31$0−$1 million$1 million—
2022-12-31——$0—
2024-12-31$7 million———
2025-12-31$13 million———

Cummins 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 Cummins’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 2026-02-10. 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.