Orion layoffs, on the record
Every job cut, severance charge and restructuring Orion reported in its annual reports, 2023 to 2025, quoted from the filings. Headcount went from approximately 1,650 to approximately 1,639.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2023 | approximately 1,650 | — |
| 10-K for 2024 | approximately 1,658 | — |
| 10-K for 2025 | approximately 1,639 | — |
Job cuts, severance and restructuring
Our summaryThe company reports accrued liabilities for restructuring of 4.5 million dollars at year-end 2023, up from 3.8 million in 2022.
Word for word“Accrued liabilities for restructuring 4.5 3.8 Environmental reserves 2.3 2.0 Other accrued liabilities 10.0 7.0 Total $ 41.7 $ 44.7 The components of Other current liabilities, at December 31, are as follows: 2023 2022 (In millions) Employee related liabilities $ 6.5 $ 5.3 Current lease liabilities (refer to Note G. Leases ) 12.6 10.4 Other current liabilities 24.6 18.7 Total $ 43.7 $ 34.4 51 Table of Contents Orion S.A Notes to the Consolidated Financial Statements The components of Other long-term liabilities, at December 31, are as follows: 2023 2022 (In millions) Employee related liabilities $ 4.8 $ 4.5 Liabilities for asset retirement obligation 4.3 4.3 Environmental reserve 0.7 2.8 Long-term lease liabilities (refer to Note G.” 10-K for 2023
Our summaryThe filing notes the company is required to consult employee representatives such as works councils on matters including restructuring, and says its relations with employees are believed to be good.
Word for word“We are party to collective bargaining agreements.” 10-K for 2024
Our summaryThe filing reports accrued liabilities for restructuring at year-end 2024 and 2023 in the accrued liabilities note.
Word for word“Accrued liabilities for restructuring 2.2 4.5 Environmental reserves 1.8 2.3 Other accrued liabilities 7.0 10.0 Total $ 39.5 $ 41.7 The components of Other current liabilities, at December 31, are as follows: 2024 2023 (In millions) Employee related liabilities $ 6.3 $ 6.5 Current lease liabilities (refer to Note G. Leases ) 15.2 12.6 Other current liabilities 35.9 24.6 Total $ 57.4 $ 43.7 The components of Other long-term liabilities, at December 31, are as follows: 2024 2023 (In millions) Employee related liabilities $ 4.4 $ 4.8 Liabilities for asset retirement obligation 11.4 4.3 Environmental reserve 0.6 0.7 Long-term lease liabilities (refer to Note G. ” 10-K for 2024
Our summaryThe filing reports restructuring expenses as a non-recurring item excluded from Adjusted EBITDA, with no separate restructuring charge amount given in the text.
Word for word“We define: • Adjusted EBITDA —Income from operations before depreciation and amortization, stock-based compensation, and non-recurring items (such as, restructuring expenses, Loss due to misappropriation of assets, net, etc.) plus Earnings in affiliated companies, net of tax.” 10-K for 2024
| Fiscal year ended | Restructuring charges | Cash paid for restructuring |
|---|---|---|
| 2016-12-31 | $19.8 million | $0 |
| 2017-12-31 | $6.5 million | $15.6 million |
| 2018-12-31 | $15.6 million | $14.5 million |
| 2019-12-31 | $3.1 million | $6.8 million |
| 2020-12-31 | $7.5 million | $4.5 million |
| 2021-12-31 | $2.2 million | — |
| 2022-12-31 | $1.9 million | — |
Orion 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 Orion’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 2026-02-17. 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.