Materion layoffs, on the record
Every job cut, severance charge and restructuring Materion reported in its annual reports, 2023 to 2025, quoted from the filings. Headcount went from approximately 3,404 to approximately 2,880.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2023 | approximately 3,404 | December 31, 2023 |
| 10-K for 2024 | approximately 3,037 | December 31, 2024 |
| 10-K for 2025 | approximately 2,880 | December 31, 2025 |
Job cuts, severance and restructuring
Our summaryThe company recorded restructuring expense from cost reduction actions taken to lower its fixed cost structure.
Word for word“In 2023, we recorded a combined total of $3.8 million of restructuring charges across all segments.” 10-K for 2023
Our summaryThe company reported restructuring expense of $6,848 thousand in 2024, consisting primarily of cost reduction actions.
Word for word“Restructuring expense 6,848 3,824 1,573 Goodwill impairment 56,067 — — Long-lived asset impairment 17,134 — — Loss on asset disposal 6,412 — — Other — net 17,685 23,323 24,237 Operating profit 47,223 136,444 119,755 Other non-operating (income) expense — net (2,443) (2,710) (5,250) Interest expense — net 34,764 31,323 21,905 Income before income taxes 14,902 107,831 103,100 Income tax expense (benefit) 9,014 12,129 17,110 Net income 5,888 95,702 85,990 Diluted earnings per share 0.28 4.58 4.14 2024 Compared to 2023 Net sales of $1,684.7 million in 2024 increased $19.5 million from $1,665.2 million in 2023.” 10-K for 2024
Our summaryThe company recorded restructuring charges in 2025 for cost reduction actions across several segments.
Word for word“In 2025, we recorded a combined total of $3.2 million of restructuring charges in our Electronic Materials, Precision Optics, Performance Materials and Other segments.” 10-K for 2025
Our summaryThe company recorded restructuring charges in 2024 mainly in its Precision Optics, Electronic Materials, Performance Materials and Other segments.
Word for word“In 2024, we recorded a combined total of $6.8 million of restructuring charges primarily in our Precision Optics, Electronic Materials, Performance Materials and Other segments.” 10-K for 2025
| Fiscal year ended | Restructuring charges |
|---|---|
| 2016-12-31 | $2.6 million |
| 2017-12-31 | $644,000 |
| 2018-12-31 | $5.6 million |
| 2019-12-31 | $785,000 |
| 2020-12-31 | $11.2 million |
| 2021-12-31 | −$438,000 |
| 2022-12-31 | $1.6 million |
| 2023-12-31 | $3.8 million |
| 2024-12-31 | $6.8 million |
| 2025-12-31 | $3.2 million |
Materion 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 Materion’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 2026-02-12. 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.