Lennox International layoffs, on the record
Every job cut, severance charge and restructuring Lennox International reported in its annual reports, 2023 to 2025, quoted from the filings. Headcount went from approximately 12,600 to approximately 12,900.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2023 | approximately 12,600 | December 31, 2023 |
| 10-K for 2024 | approximately 14,200 | December 31, 2024 |
| 10-K for 2025 | approximately 12,900 | December 31, 2025 |
Job cuts, severance and restructuring
Our summaryRecorded restructuring charges to reorganize or remove duplicative headcount and infrastructure in 2023.
Word for word“We recorded $ 3.1 million of restructuring charges in 2023 to reorganize or remove duplicative headcount and infrastructure.” 10-K for 2023
Our summaryRecorded restructuring charges from activities initiated in prior years, including the economic impact of COVID-19, in 2022 and 2021.
Word for word“We recorded restructuring charges of $ 1.5 million in 2022 and $ 1.8 million in 2021 from activities initiated in prior years including the economic impact of COVID-19.” 10-K for 2023
Our summaryThe company reported no restructuring charges in 2024, compared with $3.1 million of restructuring charges in 2023 tied to reorganizing or removing duplicative headcount and infrastructure.
Word for word“There were no restructuring charges in 2024 compared to $3.1 million in 2023.” 10-K for 2024
Our summaryThe company recorded restructuring charges in 2022 from activities initiated in prior years, including the economic impact of COVID-19.
Word for word“We recorded restructuring charges of $ 3.1 million in 2023 to reorganize or remove duplicative headcount and infrastructure, and $ 1.5 million in 2022 from activities initiated in prior years including the economic impact of COVID-19.” 10-K for 2024
Our summaryThe company recorded restructuring charges in 2025 to achieve SG&A and distribution efficiencies.
Word for word“We recorded restructuring charges of $ 6.8 million in 2025 to realize SG&A and distribution efficiencies and $ 3.1 million in 2023 to reorganize or remove duplicative headcount and infrastructure.” 10-K for 2025
Our summaryThe company recorded restructuring charges in 2023 to reorganize or remove duplicative headcount and infrastructure.
Word for word“Charges in 2023 were related to the reorganization or removal of duplicative headcount and infrastructure.” 10-K for 2025
| Fiscal year ended | Restructuring charges | Restructuring costs incurred | Cash paid for restructuring |
|---|---|---|---|
| 2016-12-31 | $1.8 million | $1.8 million | $2.7 million |
| 2017-12-31 | $3.2 million | $3.2 million | $2.4 million |
| 2018-12-31 | $3 million | $3 million | — |
| 2019-12-31 | $10.3 million | $10.3 million | — |
| 2020-12-31 | $10.8 million | $10.8 million | — |
| 2021-12-31 | $1.8 million | — | — |
| 2022-12-31 | $1.5 million | — | — |
| 2023-12-31 | $3.1 million | — | — |
| 2024-12-31 | $0 | — | — |
| 2025-12-31 | $6.8 million | — | — |
Lennox International 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 Lennox International’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 2026-02-17. 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.