MSC Industrial Direct layoffs, on the record
Every job cut, severance charge and restructuring MSC Industrial Direct reported in its annual reports, 2024 to 2026, quoted from the filings. Headcount went from 7,423 to 7,028.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2024 | 7,423 | August 31, 2024 |
| 10-K for 2025 | 7,284 | As of August 30, 2025 |
| 10-K for 2026 | 7,028 | August 29, 2026 |
Job cuts, severance and restructuring
Our summaryCompany recorded restructuring and other costs, mainly consulting and associate severance and separation costs, tied to its strategic realignment of supply chain and distribution network.
Word for word“We incurred $14.5 million in restructuring and other costs for fiscal year 2024, as compared to $7.9 million for the prior fiscal year.” 10-K for 2024
Our summaryCompany ran an associate voluntary termination program in the second quarter of fiscal 2024, with severance and separation charges.
Word for word“In the second quarter of fiscal year 2024, Restructuring and other costs principally consisted of severance and separation charges relating to an associate voluntary termination program.” 10-K for 2024
Our summaryCompany engaged consultants and began a plan to sell its CFC in Columbus, Ohio, offering extended voluntary and involuntary severance to certain associates.
Word for word“As part of the Company's strategic realignment efforts to optimize its supply chain and distribution network and enhance operational efficiency, the Company engaged consultants and, in the third quarter of fiscal year 2024, commenced its plan to sell its CFC in Columbus, Ohio.” 10-K for 2024
Our summaryAssociate severance and separation costs were recorded within restructuring and other costs in fiscal 2024.
Word for word“Associate severance and separation costs 6,765 2,594 5,753 Equity award acceleration costs associated with severance 438 404 1,728 Other exit-related costs 180 — 136 Total restructuring and other costs $ 14,526 $ 7,937 $ 15,805” 10-K for 2024
Our summaryThe company reduced its headcount by eliminating various positions to optimize its cost structure and improve operational efficiency, under its optimization of operations and profitability improvement program.
Word for word“During fiscal year 2025, the Company reduced its headcount by eliminating various positions to optimize its cost structure and improve operational efficiency.” 10-K for 2025
Our summaryThe company extended voluntary and involuntary severance and separation benefits to associates to facilitate its workforce realignment.
Word for word“As such, the Company extends voluntary and involuntary severance and separation benefits to certain associates in order to facilitate its workforce realignment.” 10-K for 2025
Our summaryThe company extended voluntary and involuntary severance and separation benefits to certain associates in connection with its plan to sell the Columbus CFC, which it commenced in the second half of fiscal 2024 and disposed of during fiscal 2025.
Word for word“In connection with these efforts, in the second half of fiscal year 2024, the Company commenced its plan to sell its Columbus CFC.” 10-K for 2025
Our summaryThe company reported restructuring and other costs, primarily associate severance and separation costs and consulting-related costs, that decreased from the prior year.
Word for word“We incurred $11.0 million in restructuring and other costs compared to $14.5 million in fiscal year 2024.” 10-K for 2025
Our summaryThe company cut various positions as part of its sales optimization efforts and refreshed go-to-market strategy, finishing the workforce realignment by the end of the second quarter.
Word for word“During the first and second quarters of fiscal year 2026, the Company reduced its headcount by eliminating various positions as part of its sales optimization efforts as the Company implemented its refreshed go-to-market strategy.” 10-K for 2026
Our summaryThe company eliminated certain other positions to improve productivity and operational efficiency.
Word for word“In furtherance of the Company’s goal to optimize its cost structure, during the fourth quarter of fiscal year 2026 the Company eliminated certain other positions as part of its efforts to drive productivity and improve operational efficiency.” 10-K for 2026
Our summaryThe company recorded restructuring and other costs for fiscal 2026, mainly severance and separation costs plus consulting-related costs.
Word for word“We incurred $8.7 million in restructuring and other costs for fiscal year 2026, as compared to $11.0 million for the prior fiscal year.” 10-K for 2026
| Fiscal year ended | Severance costs | Restructuring charges | Cash paid for restructuring | Positions eliminated |
|---|---|---|---|---|
| 2019-08-31 | $6.4 million | $6.7 million | $344,000 | 150 |
| 2020-08-29 | $10.1 million | $17 million | $11.8 million | — |
| 2021-08-28 | $4.3 million | $31.4 million | $23 million | — |
| 2022-09-03 | $5.8 million | $15.8 million | $15.5 million | — |
| 2023-09-02 | $2.6 million | $7.9 million | $9.1 million | — |
| 2024-08-31 | $6.8 million | — | $14.5 million | — |
| 2025-08-30 | $5.3 million | — | $8.1 million | — |
MSC Industrial Direct 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 MSC Industrial Direct’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 2026-10-22. 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.