Del Monte layoffs, on the record
Every job cut, severance charge and restructuring Del Monte 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 6,402 full-time, salaried employees and 25,485 full-time, hourly employees | — |
| 10-K for 2024 | approximately 7,499 full-time, salaried employees and 26,299 full-time, hourly employees | — |
| 10-K for 2025 | approximately 8,562 | — |
Job cuts, severance and restructuring
Our summaryThe company recorded a severance expense tied to the departure of its former President and Chief Operating Officer, included in 2022 asset impairment and other charges.
Word for word“Former President/COO severance expense — 1.0 1.0 Total asset impairment and other charges (credits), net $ 3.5 $ ( 8.3 ) $ ( 4.8 ) (1) $ 2.7 million asset impairment as a result of flooding in the Philippines due to heavy rainfall during the fourth quarter of 2022.” 10-K for 2023
Our summaryCompany recorded severance charges from outsourcing certain functions of its fresh and value-added operations, included in gross profit.
Word for word“Gross profit for 2024 included $1.0 million of other product-related charges primarily related to $1.2 million of severance charges from the outsourcing of certain functions of our fresh and value-added operations, $1.0 million of additional logistic costs and inventory write-offs incurred as a result of Hurricane Beryl during July 2024, partially offset by $1.7 million related to insurance recoveries associated with the flooding of a production facility in Greece during 2023.” 10-K for 2024
Our summaryCompany recorded severance expense for its former President and COO within asset impairment and other charges.
Word for word“Other: Former President/COO severance expense $ — $ 1.0 $ 1.0 Total asset impairment and other charges (credits), net $ 3.5 $ ( 8.3 ) $ ( 4.8 )” 10-K for 2024
Our summaryThe company abandoned two banana operations in the Philippines because of low profitability and reduced production, and recorded asset write-offs plus restoration and severance costs.
Word for word“(1) During the year ended December 26, 2025, we abandoned two operations in the Philippines as a result of low profitability and reduced production, including the impact of crop disease.” 10-K for 2025
| Fiscal year ended | Severance costs | Restructuring charges | Cash paid for restructuring |
|---|---|---|---|
| 2016-12-30 | — | $21.2 million | $900,000 |
| 2017-12-29 | — | −$1.9 million | $600,000 |
| 2018-12-28 | $4.7 million | $7.2 million | $4.5 million |
| 2019-12-27 | — | $1 million | — |
| 2021-01-01 | — | −$11.4 million | — |
| 2021-12-31 | — | $700,000 | — |
| 2022-12-30 | — | −$8.3 million | — |
| 2023-12-29 | — | $2.1 million | — |
| 2024-12-27 | — | $500,000 | — |
Del Monte 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 Del Monte’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 2026-02-19. 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.