Hillenbrand layoffs, on the record
Every job cut, severance charge and restructuring Hillenbrand reported in its annual reports, 2023 to 2025, quoted from the filings. Headcount went from approximately 10,400 to approximately 8,200.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2023 | approximately 10,400 | September 30, 2023 |
| 10-K for 2024 | approximately 10,450 | September 30, 2024 |
| 10-K for 2025 | approximately 8,200 | September 30, 2025 |
Job cuts, severance and restructuring
Our summaryRestructuring charges recorded in fiscal 2023, primarily severance costs in the Advanced Process Solutions segment and in Molding Technology Solutions and Corporate tied to the Milacron integration and productivity initiatives.
Word for word“The restructuring charges within the Advanced Process Solutions reportable operating segment during the years ended September 30, 2023, 2022, and 2021 are related primarily to severance costs.” 10-K for 2023
Our summaryRestructuring and restructuring-related charges reported in the adjusted EBITDA reconciliation, which primarily included severance costs during 2023 and 2022.
Word for word“Restructuring and restructuring-related charges primarily included severance costs during 2023 and 2022.” 10-K for 2023
Our summaryAccrued restructuring costs at year end, expected to be paid over the next twelve months.
Word for word“At September 30, 2023, $ 2.7 of restructuring costs were accrued and are expected to be paid over the next twelve months.” 10-K for 2023
Our summaryAnnounced a program to reduce costs and improve operational efficiency within the Molding Technology Solutions segment, primarily through severance costs.
Word for word“During the year ended September 30, 2024, the Company announced a program (the "Program") to reduce costs and improve operational efficiency within the Molding Technology Solutions reportable operating segment for an estimated total cost of $26.2.” 10-K for 2024
Our summaryThe company incurred restructuring costs in fiscal 2025 for footprint consolidation and operational efficiency improvements, with most cash payments expected within twelve months.
Word for word“During the year ended September 30, 2025, the Company incurred restructuring costs driven by footprint consolidation and operational efficiency improvements.” 10-K for 2025
Our summaryThe company announced a program in fiscal 2024 to cut costs and improve efficiency in the Molding Technology Solutions segment.
Word for word“During the year ended September 30, 2024, the Company announced a program to reduce costs and improve operational efficiency within the Molding Technology Solutions reportable operating segment.” 10-K for 2025
Our summaryThe company reported restructuring costs still accrued at fiscal year end that it expects to pay within the next year.
Word for word“At September 30, 2025, $ 5.6 of restructuring costs were accrued and are expected to be paid over the next twelve months.” 10-K for 2025
Our summaryThe company said its restructuring and related charges were mainly severance costs in fiscal 2025 and 2024.
Word for word“(4) Restructuring and restructuring-related charges primarily included severance costs during 2025 and 2024.” 10-K for 2025
| Fiscal year ended | Restructuring charges | Restructuring costs incurred |
|---|---|---|
| 2016-09-30 | $10.2 million | $8.9 million |
| 2017-09-30 | $10.7 million | $9.5 million |
| 2018-09-30 | $2.5 million | $2.1 million |
| 2019-09-30 | $10.6 million | $10.2 million |
| 2020-09-30 | $9.3 million | $10.5 million |
| 2021-09-30 | $13.6 million | $21 million |
| 2022-09-30 | $3.1 million | $2.6 million |
| 2023-09-30 | $5.1 million | $4.4 million |
| 2024-09-30 | — | $21.4 million |
| 2025-09-30 | — | $17.7 million |
Hillenbrand 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 Hillenbrand’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 2025-11-19. 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.