Jabil layoffs, on the record
Every job cut, severance charge and restructuring Jabil reported in its annual reports, 2024 to 2026, quoted from the filings.
Job cuts, severance and restructuring
Our summaryBoard approved the 2024 Restructuring Plan to realign the cost base after the Mobility Business sale and optimize the global footprint, including headcount reductions across SG&A and capacity realignment.
Word for word“On September 26, 2023, our Board of Directors approved a restructuring plan to (i) realign our cost base for stranded costs associated with the sale and realignment of the Mobility Business and (ii) optimize our global footprint.” 10-K for 2024
Our summaryThe 2024 Restructuring Plan was estimated at roughly $300 million in pre-tax restructuring and related costs and was substantially complete by year end.
Word for word“The 2024 Restructuring Plan, totaling approximately $300 million in pre-tax restructuring and other related costs, was substantially complete as of August 31, 2024.” 10-K for 2024
Our summaryCharges were recorded in fiscal 2023 for a headcount reduction to further optimize business activities.
Word for word“Charges recorded during the fiscal year ended August 31, 2023, related to headcount reduction to further optimize our business activities.” 10-K for 2024
Our summaryBoard approved the 2025 Restructuring Plan to align the support infrastructure, including headcount reductions across SG&A and manufacturing and capacity realignment.
Word for word“On September 24, 2024, our Board of Directors approved a restructuring plan to align our support infrastructure to further optimize organizational effectiveness.” 10-K for 2024
Our summaryThe company expects to recognize roughly $150 million to $200 million in pre-tax restructuring and related costs under the 2025 Restructuring Plan over fiscal 2025.
Word for word“Based on the analysis done to date, we currently expect to recognize approximately $150 million to $200 million in pre-tax restructuring and other related costs over the course of our 2025 fiscal year.” 10-K for 2024
Our summaryThe Board approved a restructuring plan to align support infrastructure, including headcount reductions in SG&A and manufacturing and capacity realignment, costing about $200 million and substantially complete by August 31, 2026.
Word for word“The 2025 Restructuring Plan, totaling approximately $200 million in pre-tax restructuring and other related costs, was substantially complete as of August 31, 2026.” 10-K for 2026
Our summaryRestructuring, severance and related charges fell in fiscal 2026 versus fiscal 2025 because the 2025 plan charges were higher in 2025, partly offset by charges for targeted cost-structure restructuring in 2026.
Word for word“Restructuring, severance and related charges $ 97 $ 181 $ 296 $ (84) $ (115) 2026 vs. 2025 Restructuring, severance and related charges decreased during the fiscal year ended August 31, 2026, compared to the fiscal year ended August 31, 2025, primarily due to higher restructuring, severance and related charges, related to the 2025 Restructuring Plan, during the fiscal year ended August 31, 2025.” 10-K for 2026
| Fiscal year ended | Restructuring charges | Cash paid for restructuring |
|---|---|---|
| 2016-08-31 | $11.4 million | $22.7 million |
| 2017-08-31 | $160.4 million | $47.1 million |
| 2018-08-31 | $36.9 million | $38.1 million |
| 2019-08-31 | $26 million | — |
| 2020-08-31 | $157 million | — |
| 2021-08-31 | $10 million | — |
| 2022-08-31 | $18 million | — |
| 2023-08-31 | $57 million | — |
| 2024-08-31 | $296 million | — |
| 2025-08-31 | $181 million | — |
Jabil filed 6 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 Jabil’s annual reports (10-K for 2026, 10-K for 2025, 10-K for 2024) and the financial data it files with the SEC, as of 2026-10-23. 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.