Owens Corning layoffs, on the record
Every job cut, severance charge and restructuring Owens Corning 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 18,000 | As of December 31, 2023 |
Job cuts, severance and restructuring
Our summaryCompany ceased operations at its Qingdao, China facility as part of exiting the Protective Packaging business.
Word for word“The Company also ceased operations at its Qingdao, China facility.” 10-K for 2023
Our summaryCompany recorded restructuring, severance and exit charges in connection with its Protective Packaging exit, with the majority of the business exited.
Word for word“During the twelve months ended 2023, the Company recorded $78 million of charges, primarily related to accelerated depreciation, accelerated amortization and severance.” 10-K for 2023
Our summaryCompany recorded severance and other exit costs within other expense (income), net in restructuring, acquisition and divestiture-related costs table.
Word for word“Severance Other expense (income), net (34) (1) (11) Other exit costs Other expense (income), net (31) (5) (5)” 10-K for 2023
| Fiscal year ended | Restructuring charges | Cash paid for restructuring |
|---|---|---|
| 2016-12-31 | $28 million | $11 million |
| 2017-12-31 | $48 million | $9 million |
| 2018-12-31 | $22 million | $18 million |
| 2019-12-31 | $28 million | — |
| 2020-12-31 | $41 million | — |
| 2021-12-31 | $20 million | — |
| 2022-12-31 | −$39 million | — |
| 2023-12-31 | −$20 million | — |
| 2024-12-31 | $309 million | — |
Owens Corning 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 Owens Corning’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 2026-02-25. 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.