Henry Schein layoffs, on the record
Every job cut, severance charge and restructuring Henry Schein reported in its annual reports, 2023 to 2025, quoted from the filings. Headcount went from approximately 25,000 to approximately 25,000.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2023 | approximately 25,000 | — |
| 10-K for 2024 | approximately 25,000 | — |
Job cuts, severance and restructuring
Our summaryHenry Schein committed to a restructuring plan focused on funding the BOLD+1 strategic plan and streamlining operations, later extended through the end of 2024.
Word for word“On August 1, 2022, we committed to a restructuring plan focused on funding the priorities of the BOLD+1 strategic plan, streamlining operations and other initiatives to increase efficiency.” 10-K for 2023
Our summaryRestructuring costs in 2023 primarily related to severance and employee-related costs, impairment of intangible assets, accelerated amortization of lease assets, and other lease and business exit costs.
Word for word“The restructuring costs for these periods primarily related to severance and employee-related costs, impairment of intangible assets, accelerated amortization of right-of-use lease assets and fixed assets, other lease exit costs, and certain business exit costs discussed below.” 10-K for 2023
Our summaryHenry Schein vacated one of the buildings at its corporate headquarters in Melville, New York as part of its restructuring plan.
Word for word“During the year ended December 31, 2022, in connection with our restructuring plan, we vacated one of the buildings at our corporate headquarters in Melville, New York, which resulted in an accelerated amortization of a right-of-use lease asset of $34 million.” 10-K for 2023
Our summaryHenry Schein initiated the disposal of a non-profitable U.S. business, which was completed in the first quarter of 2023, with costs including severance and employee-related costs.
Word for word“We also initiated the disposal of a non-profitable U.S. business and recorded related costs of $49 million, which primarily consisted of impairment of intangible assets and goodwill, inventory impairment, and severance and employee-related costs.” 10-K for 2023
Our summaryRestructuring and integration costs in 2023 included severance and employee-related costs, accelerated lease and fixed asset amortization, and other lease exit costs.
Word for word“The restructuring and integration costs are primarily related to severance and employee-related costs, accelerated amortization of right-of-use lease assets and fixed assets, and other lease exit costs.” 10-K for 2023
Our summaryThe filing reports restructuring initiatives that caused heightened stress levels among employees, alongside the 2023 cyber incident.
Word for word“Our recent annual Pulse survey indicates Table of Contents Index to Financial Statements 23 that although there are heightened stress levels caused by the 2023 cyber incident and restructuring initiatives, TSMs generally remain satisfied with their work experience, feel connected to their colleagues and intend to stay wi” 10-K for 2024
| Fiscal year ended | Restructuring charges |
|---|---|
| 2016-12-31 | $45.9 million |
| 2017-12-30 | $0 |
| 2018-12-29 | $54.4 million |
| 2021-12-25 | $8 million |
| 2022-12-31 | $128 million |
| 2023-12-30 | $80 million |
| 2024-12-28 | $110 million |
| 2025-12-27 | $105 million |
Henry Schein 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 Henry Schein’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 2026-02-24. 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.