FOX Factory Holding layoffs, on the record
Every job cut, severance charge and restructuring FOX Factory Holding reported in its annual reports, 2023 to 2026, quoted from the filings. Headcount went from approximately 4,300 to approximately 3,700.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2023 | approximately 4,300 | December 29, 2023 |
| 10-K for 2025 | approximately 4,100 | January 3, 2025 |
| 10-K for 2026 | approximately 3,700 | January 2, 2026 |
Job cuts, severance and restructuring
Our summaryThe company reported organizational restructuring expenses in its adjusted EBITDA reconciliation for fiscal 2024.
Word for word“Organizational restructuring expenses 3,218 3,952 — Loss on fixed asset disposals related to organizational restructure — 1,027 — Strategic transformation costs 1,689 — 2,769 Non-recurring property tax assessment — — 841 Interest and other expense, net 55,539 20,400 12,933 Adjusted EBITDA $ 167,013 $ 261,048 $ 321,831 Powered Vehicles Group 53,819 79,159 ( 6,163 ) Aftermarket Applications Group 51,745 126,784 130,947 Specialty Sports Group 117,811 117,766 260,101 Unallocated corporate expenses ( 56,362 ) ( 62,661 ) ( 63,054 ) Adjusted EBITDA $ 167,013 $ 261,048 $ 321,831 (1) Represents various acquisition-related costs and expenses incurred to integrate acquired entities into the Company’s operations and the impact of the finished goods inventory valuation adjustment recorded in connection with the purchase of acquired assets, per period as follows: For the fiscal years ended January 3, 2025 December 29, 2023 December 30, 2022 Acquisition related costs and expenses $ 3,569 $ 6,206 $ 1,710 Purchase accounting inventory fair value adjustment amortization 4,485 13,008 — Other acquisition and integration-related expenses $ 8,054 $ 19,214 $ 1,710 113 FOX FACTORY HOLDING CORP.” 10-K for 2025
Our summaryThe company reported that organizational restructuring expenses were recorded for the year, reconciled in the segment adjusted EBITDA table.
Word for word“Organizational restructuring expenses (3) ( 13,890 ) ( 3,218 ) ( 3,952 ) Loss on fixed asset disposals related to organizational restructure — — ( 1,027 ) Strategic transformation costs ( 491 ) ( 1,689 ) — Interest and other expense, net ( 52,359 ) ( 55,539 ) ( 20,400 ) Consolidated income before income taxes $ ( 576,289 ) $ 1,012 $ 138,663 (1) Depreciation excludes amortization for purchase accounting property, plant and equipment fair value adjustment and accelerated depreciation related to organizational restructuring initiatives.” 10-K for 2026
Our summaryAfter year end, the company began a process to sell its Phoenix, Arizona AAG operations to streamline its business.
Word for word“Subsequent to January 2, 2026, the Company initiated a process to divest its Phoenix, Arizona AAG operations, including the Upfit UTV, Geiser, and Shock Therapy businesses, as part of ongoing efforts to streamline operations.” 10-K for 2026
FOX Factory Holding 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 FOX Factory Holding’s annual reports (10-K for 2026, 10-K for 2025, 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.