Stratrix
On the Record · PBF Holding

PBF Holding layoffs, on the record

Every job cut, severance charge and restructuring PBF Holding reported in its annual reports, 2023 to 2025, quoted from the filings. Headcount went from approximately 3,686 to approximately 3,592.

Headcount, as reported

Annual reportEmployeesAs of
10-K for 2023approximately 3,686December 31, 2023
10-K for 2024approximately 3,760December 31, 2024
10-K for 2025approximately 3,592December 31, 2025

Job cuts, severance and restructuring

  1. Our summaryThe company launched a business improvement initiative called RBI in 2025 and recorded expenses for it, including severance charges in the second quarter. For the year ended December 31, 2025 · Cost: $29.6 million in expenses related to this initiative, which includes $4.7 million in severance charges

    Word for word“For the year ended December 31, 2025, we recorded $29.6 million in expenses related to this initiative, which includes $4.7 million in severance charges recognized during the second quarter of 2025.” 10-K for 2025

PBF Holding 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 PBF Holding’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 2026-02-23. 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.