OneWater Marine layoffs, on the record
Every job cut, severance charge and restructuring OneWater Marine reported in its annual reports, 2023 to 2025, quoted from the filings. Headcount went from 2,319 to 2,231.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2023 | 2,319 | September 30, 2023 |
| 10-K for 2024 | 2,203 | As of September 30, 2024 |
| 10-K for 2025 | 2,231 | September 30, 2025 |
Job cuts, severance and restructuring
Our summaryCarried out a restructuring plan (the 2024 Restructuring) that reduced headcount and retail locations, cancelled certain dealer agreements, and cancelled certain in-process IT projects.
Word for word“During the year ended September 30, 2024, we evaluated our operations and underwent a restructuring plan (the "2024 Restructuring"), which resulted in the reduction of headcount and retail locations, cancellation of certain dealer agreements, and the cancellation of certain in-process information and technology related projects.” 10-K for 2024
Our summaryRecognized restructuring and impairment charges tied to aligning the cost structure, including a reduction of headcount and retail locations.
Word for word“During the year ended September 30, 2024, we recognized restructuring and impairment charges of $12.4 million as a result of proactive changes to better align our cost structure with the normalization of sales and margins which resulted in a reduction of headcount and retail locations, cancellation of certain dealer agreements, and the cancellation of certain in-process information and technology ("IT") related projects.” 10-K for 2024
Our summaryIn fiscal 2025 the company recorded restructuring and impairment charges, mostly goodwill and intangible impairment, with a small part for various restructuring activities.
Word for word“The remaining $3.9 million is due to various restructuring activities, of which $2.3 million is recorded in restructuring and impairment and $1.6 million is recorded in new boat cost of sales in the consolidated statements of operations.” 10-K for 2025
OneWater Marine 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 OneWater Marine’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 2025-12-15. 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.