Global Industrial layoffs, on the record
Every job cut, severance charge and restructuring Global Industrial reported in its annual reports, 2023 to 2025, quoted from the filings. Headcount went from approximately 1,870 to approximately 1,980.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2023 | approximately 1,870 | December 31, 2023 |
| 10-K for 2024 | approximately 1,845 | December 31, 2024 |
| 10-K for 2025 | approximately 1,980 | As of December 31, 2025 |
Job cuts, severance and restructuring
Our summaryCompany realized total compensation and related cost savings, including lower variable incentive and equity compensation and decreased temporary help spend, partly offset by severance arrangement costs.
Word for word“Offsetting these savings was approximately $1.6 million of increased costs due to various severance arrangements and approximately $2.5 million of other salary and related costs.” 10-K for 2023
| Fiscal year ended | Restructuring charges | Cash paid for restructuring |
|---|---|---|
| 2019-12-31 | $700,000 | — |
| 2020-12-31 | $400,000 | — |
| 2021-12-31 | $400,000 | $500,000 |
| 2022-12-31 | $100,000 | $400,000 |
Global Industrial filed 2 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 Global Industrial’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 2026-02-27. 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.