Graftech International layoffs, on the record
Every job cut, severance charge and restructuring Graftech International reported in its annual reports, 2023 to 2025, quoted from the filings. Headcount went from 1,249 to 1,071.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2023 | 1,249 | December 31, 2023 |
| 10-K for 2024 | 1,072 | December 31, 2024 |
| 10-K for 2025 | 1,071 | December 31, 2025 |
Job cuts, severance and restructuring
Our summaryGrafTech carried out a cost rationalization and footprint optimization plan, announced in February 2024, that reduced global headcount.
Word for word“Collectively, these initiatives resulted in a reduction of our global headcount by approximately 130 employees, or 10 % of our workforce.” 10-K for 2024
Our summarySeverance and contract termination costs were recorded under the February 2024 cost rationalization and footprint optimization plan, with substantially all charges recorded in the first quarter of 2024.
Word for word“Substantially all charges relative to this plan were recorded during the first quarter of 2024 and wind-down activities were completed by the end of the second quarter of 2024.” 10-K for 2024
Our summaryThe company recorded severance and contract termination costs in 2024 under a cost rationalization and footprint optimization plan it announced in February 2024.
Word for word“Rationalization expenses represent severance and contract termination costs, incurred in 2024, related to the cost rationalization and footprint optimization plan announced in February 2024.” 10-K for 2025
| Fiscal year ended | Severance costs | Restructuring charges | Positions eliminated |
|---|---|---|---|
| 2022-12-31 | — | $0 | — |
| 2023-12-31 | $0 | $0 | — |
| 2024-12-31 | $2.8 million | $3.2 million | 130 |
| 2025-12-31 | — | $0 | — |
Graftech International filed 1 restructuring notice (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 Graftech International’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 2026-02-13. 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.