Icahn Enterprises layoffs, on the record
Every job cut, severance charge and restructuring Icahn Enterprises reported in its annual reports, 2023 to 2025, quoted from the filings. Headcount went from approximately 15,000 to approximately 13,500.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2023 | approximately 15,000 | As of the Determination Date |
| 10-K for 2024 | approximately 15,000 | — |
| 10-K for 2025 | approximately 13,500 | — |
Job cuts, severance and restructuring
Our summaryThe Food Packaging segment began a restructuring plan to consolidate its North American facilities into one location and upgrade equipment.
Word for word“During the first quarter of 2025, the segment commenced implementation of a restructuring plan designed to enhance operational efficiency and margin performance.” 10-K for 2025
Our summaryThe Food Packaging segment recorded restructuring expenses, including severance and facility consolidation costs, plus asset impairment charges for 2025.
Word for word“During the year ended December 31, 2025, the segment has recognized $9 million of restructuring expenses, which include employee severance costs and facility consolidation expenses, as well as $15 million of asset impairment charges.” 10-K for 2025
| Fiscal year ended | Restructuring charges |
|---|---|
| 2016-12-31 | $5 million |
| 2017-12-31 | $4 million |
| 2018-12-31 | $21 million |
| 2019-12-31 | $18 million |
| 2020-12-31 | $10 million |
| 2021-12-31 | $5 million |
| 2022-12-31 | $2 million |
| 2023-12-31 | $1 million |
| 2024-12-31 | $3 million |
| 2025-12-31 | $10 million |
Icahn Enterprises 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 Icahn Enterprises’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 2026-02-26. 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.