Fabrinet layoffs, on the record
Every job cut, severance charge and restructuring Fabrinet reported in its annual reports, 2024 to 2026, quoted from the filings. Headcount went from approximately 14,213 to approximately 21,521.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2024 | approximately 14,213 | June 28, 2024 |
| 10-K for 2025 | approximately 16,457 | June 27, 2025 |
| 10-K for 2026 | approximately 21,521 | As of June 26, 2026 |
Job cuts, severance and restructuring
Our summaryCompany recorded restructuring and other related costs for fiscal year 2023.
Word for word“We recorded restructuring and other related costs for fiscal year 2023 of $6.9 million.” 10-K for 2024
Our summaryCompany recorded only a minimal amount of restructuring costs in fiscal year 2024.
Word for word“We recorded a de minimis amount of restructuring costs for fiscal year 2024.” 10-K for 2024
Our summaryImplemented a restructuring initiative at its Thailand subsidiary to streamline activities, with severance-related charges tied to workforce reductions across various functions.
Word for word“In January 2025, the Company implemented a restructuring initiative aimed at enhancing operational effectiveness and streamlining activities within its subsidiary located in Thailand.” 10-K for 2025
Our summaryRecorded restructuring costs for fiscal 2025 from restructuring of operations at the Thailand subsidiary.
Word for word“We recorded $1.4 million in restructuring costs for fiscal year 2025, due to restructuring of operations in our subsidiary in Thailand.” 10-K for 2025
Our summaryRecorded an increase in severance expenses within SG&A for fiscal 2025.
Word for word“and (7) an increase in severance expenses of $0.7 million, offset by (1) a net decrease in allowance for expected credit losses of $1.1 million, (2) a decrease in sales and marketing expenses of $0.5 million, and (3) a net realized gain from financial instruments of $0.5 million.” 10-K for 2025
Our summaryThe company recorded a small restructuring cost in fiscal years 2026 and 2025.
Word for word“We recorded $0.1 million and $1.4 million in restructuring costs for fiscal year 2026 and 2025, respectively.” 10-K for 2026
| Fiscal year ended | Severance costs | Restructuring charges |
|---|---|---|
| 2018-06-29 | $1.8 million | — |
| 2019-06-28 | $3.3 million | — |
| 2020-06-26 | $2.8 million | — |
| 2021-06-25 | $3.2 million | $43,000 |
| 2022-06-24 | $1 million | $135,000 |
| 2024-06-28 | $2.8 million | $32,000 |
| 2025-06-27 | $3.8 million | $1.4 million |
| 2026-06-26 | $3.7 million | $117,000 |
Fabrinet 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 Fabrinet’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 2026-08-18. 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.