Distribution Solutions Group layoffs, on the record
Every job cut, severance charge and restructuring Distribution Solutions Group reported in its annual reports, 2023 to 2025, quoted from the filings. Headcount went from approximately 3,700 to approximately 4,300.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2023 | approximately 3,700 | — |
| 10-K for 2024 | approximately 4,400 | — |
| 10-K for 2025 | approximately 4,300 | — |
Job cuts, severance and restructuring
Our summaryThe company recorded severance expense from actions taken in 2023 and 2022 that were not part of a formal restructuring plan, along with acquisition related retention expenses for the Hisco Transaction.
Word for word“(2) Includes severance expense from actions taken in 2023 and 2022 not related to a formal restructuring plan and acquisition related retention expenses for the Hisco Transaction.” 10-K for 2023
Our summarySeverance expense rose in 2024 compared with 2023, as part of higher SG&A costs; the filing does not describe a restructuring plan or layoff count.
Word for word“Approximately $10.3 million of the increased expenses was driven by the acquisitions completed in 2024 in addition to higher severance and merger and acquisition expenses of $4.5 million and $4.0 million , respectively.” 10-K for 2024
Our summaryThe filing defines its severance line as severance from actions not tied to a formal restructuring plan, plus acquisition related retention expenses.
Word for word“(2) Includes severance expense from actions taken not related to a formal restructuring plan and acquisition related retention expenses.” 10-K for 2024
Distribution Solutions Group 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 Distribution Solutions Group’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 2026-03-05. 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.