Middleby layoffs, on the record
Every job cut, severance charge and restructuring Middleby reported in its annual reports, 2023 to 2026, quoted from the filings. Headcount went from 10,722 to 8,826.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2023 | 10,722 | December 30, 2023 |
| 10-K for 2024 | 10,616 | December 28, 2024 |
| 10-K for 2026 | 8,826 | January 3, 2026 |
Job cuts, severance and restructuring
Our summaryRestructuring expenses in fiscal 2023 related primarily to headcount reductions and facility consolidations within the Commercial Foodservice Equipment Group and Residential Kitchen Equipment Group.
Word for word“In fiscal 2023, restructuring expenses related primarily to headcount reductions and facility consolidations within the Commercial Foodservice Equipment Group and Residential Kitchen Equipment Group.” 10-K for 2023
Our summaryCost reduction initiatives in the Residential Kitchen Equipment Group, including headcount reductions and facility consolidations, initiated during fiscal 2023 and 2022.
Word for word“During fiscal years 2023 and 2022, the company initiated cost reduction initiatives related to the Residential Kitchen Equipment Group including headcount reductions and facility consolidations.” 10-K for 2023
Our summaryRestructuring charges in fiscal 2022 included headcount reductions and facility consolidations, plus non-cash valuation allowances on balances tied to activities in Russia.
Word for word“In fiscal 2022, restructuring expenses related primarily to headcount reductions and facility consolidations within the Commercial Foodservice Equipment Group and Residential Kitchen Equipment Group and non-cash restructuring valuation allowances on balances associated with activities in Russia.” 10-K for 2023
Our summaryRestructuring charges in fiscal 2021 related primarily to headcount reductions and facility consolidations within the Commercial Foodservice Equipment Group.
Word for word“During fiscal 2021, restructuring charges related primarily to headcount reductions and facility consolidations within the Commercial Foodservice Equipment Group.” 10-K for 2023
Our summaryRestructuring expenses in fiscal 2024 related primarily to headcount reductions and facility consolidations within all three segments.
Word for word“Restructuring expenses in fiscal 2024 related primarily to headcount reductions and facility consolidations within all three segments.” 10-K for 2024
Our summaryCost reduction initiatives in the Residential Kitchen Equipment Group, including headcount reductions and facility consolidations, were initiated, with expected annual savings of about $28.0 million.
Word for word“During fiscal years 2024 and 2023, the company initiated cost reduction initiatives related to the Residential Kitchen Equipment Group including headcount reductions and facility consolidations.” 10-K for 2024
Our summaryThe company recorded lower restructuring expenses in fiscal 2025 than in 2024, mainly for headcount reductions and facility consolidations in both segments.
Word for word“Restructuring expenses decreased $4.9 million to $3.3 million in fiscal 2025 from $8.2 million in fiscal 2024.” 10-K for 2026
Our summaryThe company said its restructuring expenses in fiscal 2025 and fiscal 2024 were mainly for headcount reductions and facility consolidations in both segments.
Word for word“Restructuring expenses in fiscal 2025 and fiscal 2024 related primarily to headcount reductions and facility consolidations within both segments.” 10-K for 2026
Our summaryThe company reported that restructuring expenses rose in fiscal 2024 compared with fiscal 2023.
Word for word“Restructuring expenses decreased $3.5 million to $8.2 million in fiscal 2024 from $4.7 million in fiscal 2023.” 10-K for 2026
Our summaryThe company said fiscal 2024 restructuring expenses were mainly for headcount reductions and facility consolidations in both segments.
Word for word“Restructuring expenses in fiscal 2024 related primarily to headcount reductions and facility consolidations within both segments.” 10-K for 2026
Our summaryThe company said fiscal 2023 restructuring expenses were mainly for headcount reductions and facility consolidations in the Commercial Foodservice Equipment Group.
Word for word“Restructuring expenses in fiscal 2023 related primarily to headcount reductions and facility consolidations within the Commercial Foodservice Equipment Group.” 10-K for 2026
| Fiscal year ended | Restructuring charges |
|---|---|
| 2016-12-31 | $10.5 million |
| 2017-12-30 | $20 million |
| 2018-12-29 | $19.3 million |
| 2019-12-28 | $10.5 million |
| 2021-01-02 | $12.4 million |
| 2022-01-01 | $7.7 million |
| 2022-12-31 | $9.7 million |
| 2023-12-30 | $4.7 million |
| 2024-12-28 | $8.2 million |
| 2026-01-03 | $3.3 million |
Middleby 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 Middleby’s annual reports (10-K for 2026, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-03-04. 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.