Element Solutions layoffs, on the record
Every job cut, severance charge and restructuring Element Solutions reported in its annual reports, 2023 to 2025, quoted from the filings. Headcount went from over 5,300 to approximately 5,200.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2023 | over 5,300 | At December 31, 2023 |
| 10-K for 2024 | over 5,300 | December 31, 2024 |
| 10-K for 2025 | approximately 5,200 | December 31, 2025 |
Job cuts, severance and restructuring
Our summaryThe company recorded restructuring expenses in each of its segments, mainly tied to headcount rationalization and cost saving across its businesses.
Word for word“The Company's restructuring plans primarily related to headcount rationalization associated with continued cost saving opportunities within its businesses, including reorganization initiatives following acquisitions.” 10-K for 2023
Our summaryThe company reported restructuring expense in its Adjusted EBITDA reconciliation for 2024 (no severance or workforce reduction details given).
Word for word“Restructuring expense 7.8 11.4 9.5 Inventory step-up — 3.3 0.5 Acquisition, divestiture and integration expense 21.7 16.8 10.6 Foreign exchange (gains) losses on intercompany loans ( 23.9 ) ( 9.7 ) 7.8 Debt refinancing costs 0.8 7.8 — Goodwill impairment — 80.0 — Kuprion Acquisition research and development charge 3.9 15.7 — Adjustment of stock compensation previously not probable — — 1.3 Other, net 22.8 11.9 12.4 Adjusted EBITDA $ 534.7 $ 482.3 $ 526.6 F-40 ELEMENT SOLUTIONS INC AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS The following tables summarize financial information regarding each reportable segment's results of operations.” 10-K for 2024
| Fiscal year ended | Restructuring costs incurred |
|---|---|
| 2016-12-31 | $1.7 million |
| 2017-12-31 | $10.5 million |
| 2018-12-31 | $0 |
| 2019-12-31 | $0 |
Element Solutions 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 Element Solutions’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 2026-02-18. 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.