Monro layoffs, on the record
Every job cut, severance charge and restructuring Monro reported in its annual reports, 2024 to 2026, quoted from the filings. Headcount went from approximately 7,660 to approximately 6,440.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2024 | approximately 7,660 | March 30, 2024 |
| 10-K for 2025 | approximately 7,360 | March 29, 2025 |
| 10-K for 2026 | approximately 6,440 | March 28, 2026 |
Job cuts, severance and restructuring
Our summaryIncurred management restructuring and transition costs tied to restructuring and elimination of certain management positions.
Word for word“(b) Costs incurred in connection with restructuring and elimination of certain management positions.” 10-K for 2024
Our summaryIncurred costs in connection with restructuring and elimination of certain executive management positions upon completion of the divestiture.
Word for word“Additionally, we incurred $ 1.3 million in costs in connection with restructuring and elimination of certain executive management positions upon completion of the divestiture in the year ended March 25, 2023.” 10-K for 2024
Our summaryIncurred transition costs related to back-office optimization.
Word for word“Transition costs related to back-office optimization 1,236 361 Corporate headquarters relocation costs 334 — Provision for income taxes on pre-tax adjustments (1,740) (825) Certain discrete tax items (c) — 3,034 Adjusted net income $ 42,398 $ 44,480 (a) Amounts include a loss on subsequent inventory adjustments in fiscal 2024, and gain on sale of related warehouse, net of associated closing costs, in fiscal 2023.” 10-K for 2024
Our summaryIncurred corporate headquarters relocation costs.
Word for word“Corporate headquarters relocation costs 334 — Provision for income taxes on pre-tax adjustments (1,740) (825) Certain discrete tax items (c) — 3,034 Adjusted net income $ 42,398 $ 44,480 (a) Amounts include a loss on subsequent inventory adjustments in fiscal 2024, and gain on sale of related warehouse, net of associated closing costs, in fiscal 2023.” 10-K for 2024
Our summaryManagement restructuring and transition costs were incurred in connection with restructuring and elimination of certain management positions.
Word for word“(a) Costs incurred in connection with restructuring and elimination of certain management positions.” 10-K for 2025
Our summaryTransition costs related to back-office optimization were recorded.
Word for word“Transition costs related to back-office optimization 2,263 1,236 Management restructuring/transition costs (a) 1,778 1,210 Store closing costs 1,203 208 Litigation reserve 650 — Net loss on sale of wholesale tire and distribution assets (b) — 304 Acquisition due diligence and integration costs — 5 Costs related to shareholder matters — 1,355 Net gain on sale of corporate headquarters (c) (2,508) 334 Provision for income taxes on pre-tax adjustments (6,935) (1,740) Adjusted net income $ 15,624 $ 42,398 (a) Costs incurred in connection with restructuring and elimination of certain management positions.” 10-K for 2025
Our summaryThe company closed 145 underperforming stores in fiscal 2026 under its Store Closure Plan and recorded closing costs and asset write-offs, net of gains on sales and lease assignments.
Word for word“(c) Amounts in fiscal 2026 include the closing costs and asset write-offs related to the closure of 145 underperforming stores, in accordance with the Store Closure Plan, net of related gains on the sale of owned locations, lease assignments and early lease terminations.” 10-K for 2026
| Fiscal year ended | Restructuring charges | Cash paid for restructuring |
|---|---|---|
| 2026-03-28 | $10.7 million | $6.4 million |
Monro 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 Monro’s annual reports (10-K for 2026, 10-K for 2025, 10-K for 2024) and the financial data it files with the SEC, as of 2026-05-27. 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.