Fuller H B layoffs, on the record
Every job cut, severance charge and restructuring Fuller H B reported in its annual reports, 2023 to 2025, quoted from the filings. Headcount went from approximately 7,200 to approximately 7,100.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2023 | approximately 7,200 | As of December 2, 2023 |
| 10-K for 2024 | approximately 7,500 | November 30, 2024 |
| 10-K for 2025 | approximately 7,100 | As of November 29, 2025 |
Job cuts, severance and restructuring
Our summaryThe company approved restructuring plans in the second and third quarters of 2023 for organizational changes and other actions to optimize operations and integrate acquired businesses, with cash expenditures mainly for severance and related employee costs globally.
Word for word“In implementing the Plans, the Company currently expects to incur costs of approximately $39.1 million to $44.1 million ($30.4 million to $34.4 million after-tax), which include (i) cash expenditures of approximately $28.4 million to $29.6 million ($22.0 million to $23.0 million after-tax) for severance and related employee costs globally and (ii) other restructuring costs related to the streamlining of processes and the payment of anticipated income taxes in certain jurisdictions related to the Plans.” 10-K for 2023
Our summaryThe company approved restructuring plans for organizational changes and other actions to optimize operations and integrate acquired businesses, including severance and related employee costs globally.
Word for word“In implementing the Plans, the Company currently expects to incur costs of a pproximately $60.0 million to $65.0 million ($46.6 million to $50.7 million after-tax), which include (i) cash expenditures of approximately $28.4 million to $29.6 million ($22.0 million to $23.0 million after-tax) for severance and related employee costs globally and (ii) other restructuring costs related to the streamlining of processes and the payment of anticipated income taxes in certain jurisdictions related to the Plans.” 10-K for 2024
Our summaryThe company describes its Quantum Leap global supply chain restructuring initiative as a way to drive cost savings through organizational restructuring.
Word for word“In addition, our profitability is dependent on our ability to drive sustainable productivity improvements such as cost savings through organizational restructuring, including our Quantum Leap global supply chain restructuring initiative.” 10-K for 2025
| Fiscal year ended | Restructuring charges | Cash paid for restructuring |
|---|---|---|
| 2017-12-02 | $18 million | $12.7 million |
| 2018-12-01 | $8.9 million | $4.4 million |
| 2019-11-30 | $14.5 million | $7 million |
| 2020-11-28 | $4.6 million | $9.4 million |
| 2021-11-27 | $787,000 | $5.6 million |
| 2022-12-03 | −$449,000 | $529,000 |
| 2023-12-02 | $24.6 million | $9.8 million |
| 2024-11-30 | $22.1 million | $16.4 million |
| 2025-11-29 | $16.9 million | $16.7 million |
Fuller H B filed 5 restructuring notices (Form 8-K, Item 2.05) since 2016. This page shows what the company reported to the SEC, not news reports or state layoff notices.
Read from Fuller H B’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 2026-01-22. 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.