Everpure layoffs, on the record
Every job cut, severance charge and restructuring Everpure reported in its annual reports, 2024 to 2026, quoted from the filings. Headcount went from nearly 5,600 to approximately 6,400.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2024 | nearly 5,600 | the end of fiscal 2024 |
| 10-K for 2025 | nearly 6,000 | the end of fiscal 2025 |
| 10-K for 2026 | approximately 6,400 | the end of fiscal 2026 |
Job cuts, severance and restructuring
Our summaryRecorded restructuring, impairment and other costs tied to severance and termination benefits for workforce realignment, plus ceasing use of the former Mountain View headquarters.
Word for word“During fiscal 2024, we recognized $33.6 million of restructuring, impairment and other costs related to severance and other termination benefits related to workforce realignment, and the cease use of our former corporate headquarters in Mountain View, California.” 10-K for 2024
Our summaryCeased use of former corporate headquarters and recorded lease impairment and abandonment charges.
Word for word“During the second quarter of fiscal 2024, we ceased use of our former corporate headquarters and recorded an impairment charge to operating lease right-of-use assets of $ 15.9 million and an abandonment charge of $ 0.9 million related to these leases.” 10-K for 2024
Our summaryInitiated a workforce realignment plan affecting employees globally to align resources with business strategy.
Word for word“In February 2024, we initiated a workforce realignment plan impacting approximately 250 employees globally to increase alignment of our resources with our business strategy, resulting in total restructuring costs ranging from approximately $ 25.0 million to $ 29.0 million.” 10-K for 2024
Our summaryThe company recognized restructuring costs under the workforce realignment plan, with part recognized in fiscal 2024 and part in fiscal 2025.
Word for word“We recognized total restructuring costs of $ 27.9 million associated with one-time severance and other termination benefits, of which $ 18.0 million and $ 9.9 million was recognized in fiscal 2024 and 2025.” 10-K for 2025
Our summaryThe company recorded restructuring and impairment costs in fiscal 2025, mainly severance under the workforce realignment plan and lease impairment on its former corporate headquarters.
Word for word“During fiscal 2025, we recognized $15.9 million of restructuring and impairment costs.” 10-K for 2025
Our summaryThe company ceased use of its former corporate headquarters and recorded lease impairment and abandonment charges.
Word for word“During the second quarter of fiscal 2024, we ceased use of our former corporate headquarters that resulted in the recognition of $ 16.8 million and $ 6.4 million in lease impairment and abandonment charges during fiscal 2024 and 2025.” 10-K for 2025
| Fiscal year ended | Severance costs | Restructuring charges | Restructuring costs incurred |
|---|---|---|---|
| 2019-01-31 | — | $0 | — |
| 2020-02-02 | — | $0 | $0 |
| 2021-01-31 | — | $31 million | $31 million |
| 2022-02-06 | — | — | $0 |
| 2023-02-05 | — | — | $0 |
| 2024-02-04 | $16.8 million | — | $33.6 million |
| 2025-02-02 | $9.5 million | — | $15.9 million |
| 2026-02-01 | — | — | $0 |
Everpure 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 Everpure’s annual reports (10-K for 2026, 10-K for 2025, 10-K for 2024) and the financial data it files with the SEC, as of 2026-03-25. 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.