Philip Morris International layoffs, on the record
Every job cut, severance charge and restructuring Philip Morris International reported in its annual reports, 2022 to 2025, quoted from the filings.
Job cuts, severance and restructuring
None of Philip Morris International’s annual reports for 2022 to 2025 describes a layoff, workforce reduction or restructuring.
| Fiscal year ended | Severance costs | Restructuring charges | Restructuring costs incurred | Cash paid for restructuring |
|---|---|---|---|---|
| 2016-12-31 | — | $0 | — | $31 million |
| 2019-12-31 | $303 million | — | $422 million | $49 million |
| 2020-12-31 | $141 million | $141 million | $149 million | $163 million |
| 2021-12-31 | — | $216 million | $216 million | $238 million |
| 2022-12-31 | — | $0 | $0 | $93 million |
| 2023-12-31 | — | $78 million | $0 | $79 million |
| 2024-12-31 | — | $77 million | — | $58 million |
| 2025-12-31 | — | $149 million | — | $35 million |
Philip Morris International filed 1 restructuring notice (Form 8-K, Item 2.05) since 2016. This page shows what the company reported to the SEC, not news reports or state layoff notices.
Read from Philip Morris International’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023, 10-K for 2022) and the financial data it files with the SEC, as of 2026-02-06. 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.