Mativ Holdings layoffs, on the record
Every job cut, severance charge and restructuring Mativ Holdings reported in its annual reports, 2023 to 2025, quoted from the filings. Headcount went from approximately 5,100 to approximately 5,000.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2024 | approximately 5,100 | As of December 31, 2024 |
| 10-K for 2025 | approximately 5,000 | — |
Job cuts, severance and restructuring
Our summaryMativ enacted an organizational realignment initiative (the Plan) that produced run-rate savings, and expects further initiatives under the Plan, including restructuring, to add overhead cost reduction by the end of 2026.
Word for word“We enacted an organizational realignment initiative (the "Plan") which enabled $20.0 million of run-rate savings at the end of 2024.” 10-K for 2024
| Fiscal year ended | Restructuring charges | Cash paid for restructuring |
|---|---|---|
| 2016-12-31 | $4.3 million | $8.4 million |
| 2017-12-31 | $3.5 million | $6.4 million |
| 2018-12-31 | $1.3 million | $3.3 million |
| 2019-12-31 | $3.7 million | $4.2 million |
| 2020-12-31 | $11.9 million | $5.2 million |
| 2021-12-31 | $4.7 million | $5.7 million |
| 2022-12-31 | $5.1 million | $3 million |
| 2023-12-31 | $4 million | $500,000 |
| 2024-12-31 | $21.9 million | $23.5 million |
| 2025-12-31 | $8.1 million | $7.9 million |
Mativ Holdings filed 1 restructuring notice (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 Mativ Holdings’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 2026-02-26. 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.