Phibro Animal Health layoffs, on the record
Every job cut, severance charge and restructuring Phibro Animal Health reported in its annual reports, 2024 to 2026, quoted from the filings. Headcount went from approximately 1,940 to approximately 2,605.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2024 | approximately 1,940 | June 30, 2024 |
| 10-K for 2025 | approximately 2,475 | June 30, 2025 |
| 10-K for 2026 | approximately 2,605 | June 30, 2026 |
Job cuts, severance and restructuring
Our summaryCompany recorded Phibro Forward income growth initiatives implementation costs, a company-wide initiative focused on revenue growth and cost savings.
Word for word“(1) Phibro Forward is a company-wide initiative focused on unlocking additional areas of revenue growth and cost savings.” 10-K for 2024
Our summaryCompany disclosed that it considers business restructuring costs related to productivity and cost saving initiatives to be unusual items, and recorded environmental remediation costs in the prior year.
Word for word“Environmental remediation costs — 6,894 — (6,894) * 6,894 *” 10-K for 2024
Our summaryCompany recorded a non-cash write-off of about $5.3 million tied to closing an immaterial business in the Animal Health segment, part of its Phibro Forward initiative.
Word for word“For the year ended June 30, 2025, this included $5.3 million for non-cash asset write-offs, of which $3.8 million was recorded within cost of goods sold, and $1.5 million was recorded within selling, general, and administrative expenses, related to the closure of an immaterial business within the Animal Health segment.” 10-K for 2025
Our summaryThe company runs a company-wide initiative called Phibro Forward to find more revenue growth and cost savings, and recorded implementation costs, mostly consultancy fees, in selling, general and administrative expenses.
Word for word“For the year ended June 30, 2026, this includes $8.6 million recorded within selling, general and administrative expenses primarily for consultancy costs related to the initiative.” 10-K for 2026
| Fiscal year ended | Restructuring charges | Cash paid for restructuring |
|---|---|---|
| 2020-06-30 | $425,000 | $3.2 million |
| 2021-06-30 | — | $2.1 million |
| 2024-06-30 | $366,000 | — |
Phibro Animal Health 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 Phibro Animal Health’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 2026-08-26. 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.