MKS layoffs, on the record
Every job cut, severance charge and restructuring MKS reported in its annual reports, 2023 to 2025, quoted from the filings.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2023 | approximately 10,200 | December 31, 2023 |
| 10-K for 2024 | approximately 10,200 | December 31, 2024 |
| 10-K for 2025 | approximately 10,300 individuals | As of December 31, 2025 |
Job cuts, severance and restructuring
Our summaryRecorded restructuring charges of $20 million in 2023 for severance costs under various global cost savings initiatives.
Word for word“Restructuring charges incurred in 2023 were related to severance costs as a result of various global cost savings initiatives implemented during the year.” 10-K for 2023
Our summaryRecorded restructuring costs of $10 million in 2022, mainly for severance under a global cost-saving initiative, closure of two European facilities, and moving products to low-cost regions.
Word for word“Restructuring costs were $ 10 in 2022 , primarily related to severance costs due to a global cost-saving initiative, the closure of two facilities in Europe, the movement of certain products to low-cost regions as well as executive payments related to the Atotech Acquisition.” 10-K for 2023
Our summaryRecorded restructuring and other charges primarily for severance costs from global cost-saving initiatives, reported on the income statement and in the restructuring note.
Word for word“Restructuring and other charges incurred in 2024 and 2023 were primarily related to severance costs as a result of global cost-saving initiatives.” 10-K for 2024
Our summaryRecorded restructuring charges for severance from a global cost-saving initiative implemented in the fourth quarter of 2023.
Word for word“The Company recorded restructuring charges of $ 4 in 2024, primarily related to severance costs incurred as a result of a global cost-saving initiative implemented in the fourth quarter of 2023.” 10-K for 2024
Our summaryRecorded restructuring charges for severance from various global cost-saving initiatives implemented in 2023.
Word for word“The Company recorded restructuring charges of $ 20 in 2023, primarily related to severance costs incurred as a result of various global cost-saving initiatives implemented in 2023.” 10-K for 2024
Our summaryRestructuring accrual activity: payments and adjustments reduced the accrual, which ended the year lower.
Word for word“The activity related to the Company’s restructuring accrual is shown below: Years Ended December 31, 2024 2023 Restructuring accrual, beginning of period $ 9 $ 3 Charged to expense 4 20 Payments and adjustments ( 10 ) ( 14 ) Restructuring accrual, end of period $ 3 $ 9 107 MKS INSTRUMENTS, INC. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (in millions, except per share data) Other The Company recorded other charges of $ 2 in 2024 related to legal matters.” 10-K for 2024
Our summaryThe company recorded restructuring charges for severance from a global cost saving initiative started in the first quarter of 2025, mainly in the general metal finishing business within MSD.
Word for word“The Company recorded $ 23 of restructuring charges in restructuring and other in 2025 primarily related to severance costs incurred as a result of a global cost saving initiative implemented during the first quarter of 2025, mainly in the general metal finishing business within MSD.” 10-K for 2025
Our summaryThe company recorded restructuring charges in 2024 for severance from a global cost-saving initiative begun in the fourth quarter of 2023.
Word for word“The Company recorded $ 4 of restructuring charges in restructuring and other in 2024 primarily related to severance costs incurred as a result of a global cost-saving initiative implemented in the fourth quarter of 2023.” 10-K for 2025
| Fiscal year ended | Restructuring charges |
|---|---|
| 2016-12-31 | $642,000 |
| 2017-12-31 | $3.9 million |
| 2018-12-31 | $3.6 million |
| 2019-12-31 | $5.5 million |
| 2020-12-31 | $2.7 million |
| 2021-12-31 | $11 million |
| 2022-12-31 | $10 million |
| 2023-12-31 | $20 million |
| 2024-12-31 | $6 million |
| 2025-12-31 | $37 million |
MKS 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 MKS’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 2026-02-24. 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.