HNI layoffs, on the record
Every job cut, severance charge and restructuring HNI reported in its annual reports, 2023 to 2026, quoted from the filings. Headcount went from approximately 8,200 to approximately 19,500.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2023 | approximately 8,200 | December 30, 2023 |
| 10-K for 2024 | approximately 7,700 | December 28, 2024 |
| 10-K for 2026 | approximately 19,500 | As of January 3, 2026 |
Job cuts, severance and restructuring
Our summaryRecorded restructuring and impairment charges tied to the divestiture of Poppin.
Word for word“In the current year the Corporation recorded restructuring and impairment charges primarily comprised of $31.0 million of impairments of goodwill and intangible assets at small business units in the workplace furnishings segment as well as $9.8 million of restructuring charges associated with the divestiture of Poppin.” 10-K for 2023
Our summaryRecorded goodwill and intangible asset impairments at small workplace furnishings business units.
Word for word“The current year included $31.0 million in goodwill and intangible asset impairment charges at small workplace furnishings business units and $12.5 million in transaction-related fees and expenses associated with the acquisition of Kimball International.” 10-K for 2023
Our summaryRecorded restructuring and impairment charges in the prior year for business simplification and an eCommerce business restructuring in workplace furnishings.
Word for word“In the prior year, the Corporation recorded restructuring and impairment charges of $6.7 million primarily related to efforts to drive business simplification and improve long-term profitability in the workplace furnishings segment, including the restructuring of an eCommerce business.” 10-K for 2023
Our summaryPaid cash for severance and other exit costs related to restructuring actions.
Word for word“Cash payments made in 2023, which primarily related to severance and other exit costs as well as facility set-up costs, totaled $ 9.8 million; payments made in 2022 and 2021 primarily relate to business simplification and capacity expansion actions and were not significant.” 10-K for 2023
Our summaryRecorded restructuring charges primarily tied to factory consolidation in workplace furnishings and reorganization efforts in residential building products.
Word for word“In the current year the Corporation recorded restructuring charges of $6.2 million primarily in connection with factory consolidation initiatives in the workplace furnishings segment and reorganization efforts in the residential building products 25 Table of Contents segment.” 10-K for 2024
Our summaryIncurred employee benefit costs for facility closures and management transition in workplace furnishings, and reorganization actions in residential building products.
Word for word“Furthermore, current year cash restructuring costs were incurred for employee benefits in connection with facility closures and management transition in workplace furnishings and reorganization actions in residential building products.” 10-K for 2024
Our summaryThe company announced it will exit its Wayland, New York facility in 2027, with expected cash restructuring charges and non-cash accelerated depreciation.
Word for word“On January 8, 2026, after the balance sheet date, the Corporation announced it will exit its Wayland, New York facility in 2027.” 10-K for 2026
Our summaryThe company recorded restructuring, impairment and divestiture charges for the year, mainly an intangible asset impairment, the HNI India divestiture loss and its network optimization program.
Word for word“In the current year the Corporation recorded charges of $18.5 million primarily in connection with the impairment of intangible assets related to a small business unit in the Workplace Furnishings segment, the loss on divestiture of the HNI India business, and the Corporation's network optimization program.” 10-K for 2026
Our summaryThe company incurred cash restructuring costs for employee benefits tied to facility closures in Workplace Furnishings.
Word for word“Current-year cash restructuring costs were also incurred for employee benefits in connection with facility closures in Workplace Furnishings.” 10-K for 2026
| Fiscal year ended | Severance costs | Restructuring charges | Cash paid for restructuring |
|---|---|---|---|
| 2016-12-31 | — | $5.2 million | $2.7 million |
| 2017-12-30 | — | $6.2 million | $7 million |
| 2018-12-29 | — | $2.3 million | $3.9 million |
| 2019-12-28 | — | $2.4 million | $1.7 million |
| 2021-01-02 | — | $0 | — |
| 2022-01-01 | $500,000 | — | $200,000 |
| 2022-12-31 | — | — | $0 |
| 2023-12-30 | — | — | $9.8 million |
| 2024-12-28 | — | — | $6 million |
| 2026-01-03 | — | — | $8.7 million |
HNI filed 7 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 HNI’s annual reports (10-K for 2026, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-03-03. 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.