MasterBrand layoffs, on the record
Every job cut, severance charge and restructuring MasterBrand reported in its annual reports, 2023 to 2025, quoted from the filings.
Job cuts, severance and restructuring
Our summaryRestructuring charges in 2023 were primarily for severance and associate-related costs to better align the workforce with forecasted demand within the manufacturing footprint, plus an impairment tied to permanently closing the idled Newton, Kansas facility.
Word for word“Restructuring charges of $ 10.1 million in 2023 are primarily related to severance costs and other associate-related costs in order to better align our workforce with our forecasted demand within our manufacturing footprint, and an asset impairment charge associated with a decision to permanently close our Newton, Kansas manufacturing facility, which had previously been idled.” 10-K for 2023
Our summaryRestructuring charges in 2022 were largely for severance and associate-related costs tied to relocating and closing production facilities, including consolidating two Winnipeg plants into one, idling Newton, Kansas, and closing Lynchburg, Virginia.
Word for word“Restructuring charges of $ 25.1 million in 2022 are largely related to severance costs and other associate-related costs associated with the relocation and closure of certain production facilities within our manufacturing footprint, resulting in a more flexible facility footprint.” 10-K for 2023
Our summaryRestructuring charges in 2021 were largely for severance and costs of closing a facility.
Word for word“Restructuring charges of $ 4.2 million in 2021 are largely related to severance costs and costs associated with closing a facility.” 10-K for 2023
Our summaryThe restructuring liability for workforce reduction costs was reduced by cash payments during 2023, primarily for severance, leaving a small balance at year end.
Word for word“Cash expenditures primarily related to severance charges.” 10-K for 2023
Our summaryRecorded restructuring charges of $18.0 million for severance and other associate-related costs to align the workforce with forecasted demand in the manufacturing footprint.
Word for word“Restructuring charges were $18.0 million in 2024 as compared to $10.1 million in 2023.” 10-K for 2024
Our summaryTook charges for severance and other associate-related costs to better align the workforce with forecasted demand within the manufacturing footprint.
Word for word“Charges in 2024 include severance costs and other associate-related costs in order to better align our workforce with our forecasted demand within our manufacturing footprint.” 10-K for 2024
Our summaryDecided to exit a leased manufacturing facility, which led to an asset impairment charge included in 2024 restructuring charges.
Word for word“2024 restructuring charges also include an asset impairment charge associated with the decision to exit a leased manufacturing facility.” 10-K for 2024
Our summaryThe company recorded restructuring charges in 2025, largely severance and other employee-related costs, to align its workforce with forecasted demand within its manufacturing footprint.
Word for word“Restructuring charges of $ 15.2 million in 2025 are largely related to severance costs and other associate-related costs in order to better align our workforce with our forecasted demand within our manufacturing footprint.” 10-K for 2025
| Fiscal year ended | Restructuring charges | Cash paid for restructuring |
|---|---|---|
| 2021-12-26 | $4.2 million | — |
| 2022-12-25 | $25.1 million | $12.1 million |
| 2023-12-31 | $10.1 million | $19.5 million |
| 2024-12-29 | $18 million | $7.5 million |
| 2025-12-28 | $15.2 million | $16.9 million |
MasterBrand 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 MasterBrand’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 2026-02-13. 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.