Ecovyst layoffs, on the record
Every job cut, severance charge and restructuring Ecovyst reported in its annual reports, 2023 to 2025, quoted from the filings.
Job cuts, severance and restructuring
Our summaryCompany recorded restructuring, integration and business optimization costs in other operating expense for 2023.
Word for word“Restructuring, integration and business optimization costs (1) 2,655 11,566 3,866 Net loss on asset disposals 4,137 3,594 5,666 Other, net 1,789 2,201 2,152 $ 22,100 $ 34,911 $ 24,273 (1) During the year ended December 31, 2022, the Company's results were impacted by costs associated with severance charges for certain former executives and employees.” 10-K for 2023
Our summaryCompany recorded restructuring, integration and business optimization expenses of 2.7 million for 2023 in its Adjusted EBITDA reconciliation, down from 11.6 million in 2022.
Word for word“Restructuring, integration and business optimization expenses (g) 2.7 11.6 Other (h) 0.8 (0.7) Adjusted EBITDA $ 259.9 $ 276.8 (a) We use Adjusted EBITDA as a performance measure to evaluate our financial results.” 10-K for 2023
Our summaryCompany incurred severance charges for certain former executives and employees, tied to a leadership transition in April 2022 and executive retirements, not a specific restructuring plan.
Word for word“The severance charges were not related to a specific restructuring plan of the Company, but rather were incurred primarily in connection with the leadership transition in April 2022 and the retirement of several executives.” 10-K for 2023
Our summaryCompany recorded restructuring, integration and business optimization expenses in 2024, which the filing describes as costs not representative of ongoing operations.
Word for word“Restructuring, integration and business optimization costs (1) 955 2,655 11,566 Net loss on asset disposals 2,351 4,137 3,594 Intangible asset impairment charge (Note 14) 3,900 — — Other, net 1,333 1,789 2,201 Total operating expense, net $ 19,552 $ 22,100 $ 34,911 (1) During the year ended December 31, 2022, the Company's results were impacted by costs associated with severance charges for certain former executives and employees.” 10-K for 2024
Our summaryThe company recorded restructuring, integration and business optimization costs in other operating expense, net for 2025, up from the prior year.
Word for word“Restructuring, integration and business optimization costs 4,746 267 449 Net loss on asset disposals 5,371 2,254 4,101 Other, net 5,014 1,396 369 Total other operating expense, net $ 27,185 $ 12,860 $ 16,363 10.” 10-K for 2025
| Fiscal year ended | Restructuring charges | Restructuring costs incurred | Cash paid for restructuring |
|---|---|---|---|
| 2016-12-31 | $5.1 million | $12.6 million | $4.7 million |
| 2017-12-31 | $5.5 million | $8.5 million | $3.8 million |
| 2018-12-31 | $581,000 | $6.2 million | $3 million |
| 2019-12-31 | — | $2.7 million | — |
Ecovyst 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 Ecovyst’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 2026-02-27. 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.