ICL Group layoffs, on the record
Every job cut, severance charge and restructuring ICL Group reported in its annual reports, 2023 to 2025, quoted from the filings. Headcount went from 13,350 to 13,007 employees.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 20-F for 2023 | 13,350 | December 31, 2023 |
| 20-F for 2024 | 13,067 | December 31, 2024 |
| 20-F for 2025 | 13,007 employees | December 31, 2025 |
Job cuts, severance and restructuring
Our summaryCompany recorded a provision for early retirement tied to restructuring at certain sites under its global efficiency plan.
Word for word“(1) For 2023, reflects provisions for early retirement, due to restructuring at certain sites, as part of the Company's global efficiency plan.” 20-F for 2023
Our summaryCompany wrote off assets and recorded a provision for site closure tied to restructuring at certain sites, including site closures and facility modifications, under its global efficiency plan.
Word for word“(2) For 2023, reflects mainly a write-off of assets related to restructuring at certain sites, including site closures and facility modifications, as part of the Company's global efficiency plan.” 20-F for 2023
Our summaryCompany recorded other expenses increase driven by write-off of assets and provisions for early retirement related to restructuring at certain sites, plus security-situation charges.
Word for word“- Other expenses, net – Other expenses, net, increased by $130 million compared to 2022.” 20-F for 2023
Our summaryHeadcount fell due to organizational efficiency plans, with slowed recruitment leading to moderate decreases in several regions.
Word for word“As of December 31, 2024, the Company's workforce was comprised of 13,067 employees compared to 13,350 employees as of December 31, 2023, a decrease of 283 employees, due to organizational efficiency plans that adapt resources and costs to business requirements.” 20-F for 2024
Our summaryCompany closed small sites in Israel and Turkey, recording a write-off of assets, and took an impairment tied to a regulatory decision.
Word for word“(2) For 2024, reflects mainly a write-off of assets resulting from the closure of small sites in Israel and Turkey, and an impairment of assets due to a regulatory decision that mandated the cessation of a certain project.” 20-F for 2024
Our summaryCompany recorded provisions for early retirement due to restructuring at certain sites under its global efficiency plan.
Word for word“(3) For 2024 and 2023, reflects provisions for early retirement, due to restructuring at certain sites, as part of the Company's global efficiency plan (4) For 2024, reflects reimbursement of arbitration costs associated with the Ethiopian potash project.” 20-F for 2024
Our summaryIn 2023 the company wrote off assets tied to restructuring at certain sites, including site closures and facility modifications under its global efficiency plan.
Word for word“For 2023, reflects mainly a write-off of assets related to restructuring at certain sites, including site closures and facility modifications as part of the Company's global efficiency plan.” 20-F for 2024
Our summaryThe company recorded provisions for early retirement tied to restructuring at certain sites under its global efficiency plan.
Word for word“(3) For 2025, 2024 and 2023, reflects provisions for early retirement due to restructuring at certain sites, as part of the Company’s global efficiency plan .” 20-F for 2025
Our summaryThe company wrote off assets after closing small sites in Israel and Turkey.
Word for word“For 2024, reflects mainly a write-off of assets resulting from the closure of small sites in Israel and Turkey.” 20-F for 2025
ICL Group 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 ICL Group’s annual reports (20-F for 2025, 20-F for 2024, 20-F for 2023) and the financial data it files with the SEC, as of 2026-03-11. 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.