Martin Marietta Materials layoffs, on the record
Every job cut, severance charge and restructuring Martin Marietta Materials reported in its annual reports, 2023 to 2025, quoted from the filings. Headcount went from approximately 9,400 to approximately 9,600.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2023 | approximately 9,400 | January 31, 2024 |
| 10-K for 2024 | approximately 9,400 | January 31, 2025 |
| 10-K for 2025 | approximately 9,600 | January 31, 2026 |
Job cuts, severance and restructuring
Our summaryThe filing mentions an asset and portfolio rationalization charge, shown only as a noncash adjustment in the 2024 cash flow statement.
Word for word“Noncash portion of asset and portfolio rationalization charge 50 — — Other items, net ( 15 ) ( 16 ) ( 12 ) Changes in operating assets and liabilities, net of effects of acquisitions and divestitures: Accounts receivable, net 81 31 ( 12 ) Inventories, net ( 52 ) ( 189 ) ( 132 ) Accounts payable 17 ( 17 ) ( 31 ) Other assets and liabilities, net 165 24 ( 41 ) Net Cash Provided by Operating Activities 1,459 1,528 991 Cash Flows from Investing Activities: Additions to property, plant and equipment ( 855 ) ( 650 ) ( 482 ) Acquisitions, net of cash acquired ( 3,642 ) — 11 Proceeds from divestitures and sales of assets 2,160 427 687 Proceeds from sale of restricted investments to discharge long-term debt — 700 — Purchase of restricted investments to discharge long-term debt — — ( 704 ) Investments in limited liability company ( 117 ) ( 27 ) — Other investing activities, net 10 9 4 Net Cash (Used for) Provided by Investing Activities ( 2,444 ) 459 ( 484 ) Cash Flows from Financing Activities: Borrowings of long-term debt 2,758 — — Repayments of long-term debt ( 1,690 ) ( 700 ) ( 54 ) Payments on finance lease obligations ( 20 ) ( 17 ) ( 15 ) Dividends paid ( 189 ) ( 174 ) ( 160 ) Repurchases of common stock ( 450 ) ( 150 ) ( 150 ) Shares withheld for employees’ income tax obligations ( 32 ) ( 22 ) ( 29 ) Other financing activities, net ( 4 ) ( 1 ) 1 Net Cash Provided by (Used for) Financing Activities 373 ( 1,064 ) ( 407 ) Net (Decrease) Increase in Cash, Cash Equivalents and Restricted Cash ( 612 ) 923 100 Cash, Cash Equivalents and Restricted Cash, beginning of year 1,282 359 259 Cash, Cash Equivalents and Restricted Cash, end of year $ 670 $ 1,282 $ 359 The accompanying Notes to the Financial Statements are an integral part of these statements.” 10-K for 2024
Martin Marietta Materials 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 Martin Marietta Materials’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 2026-02-19. 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.