Ralph Lauren layoffs, on the record
Every job cut, severance charge and restructuring Ralph Lauren reported in its annual reports, 2024 to 2026, quoted from the filings.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2024 | approximately 23,400 | March 30, 2024 |
| 10-K for 2025 | approximately 23,400 | March 29, 2025 |
| 10-K for 2026 | approximately 23,600 employees | As of March 28, 2026 |
Job cuts, severance and restructuring
Our summaryCompany incurred other charges for the preliminary phase of its Next Generation Transformation (NGT) project, recorded within restructuring and other charges, net.
Word for word“In connection with the preliminary phase of the NGT project, we incurred other charges of $5.1 million during Fiscal 2024, which were recorded within restructuring and other charges, net in the consolidated statements of operations.” 10-K for 2024
Our summaryCompany has implemented restructuring plans to support key strategic initiatives, with planned workforce reductions among the expected costs.
Word for word“We have implemented restructuring plans to support key strategic initiatives.” 10-K for 2024
Our summaryCompany reports pretax restructuring and other charges, net, under its restructuring activities, with the NGT project preliminary-phase charges recorded within restructuring and other charges.
Word for word“In connection with the preliminary phase of the NGT project, we incurred other charges of $25.2 million and $5.1 million during Fiscal 2025 and Fiscal 2024, respectively, which were recorded within restructuring and other charges, net in the consolidated statements of operations.” 10-K for 2025
Our summaryCompany states that restructuring plans involve planned workforce reductions, and that restructuring-related activities may be implemented again if targets are not met.
Word for word“Such a failure could also result in the implementation of new restructuring-related activities, which may be dilutive to our earnings in the short term.” 10-K for 2025
Our summaryThe company recorded restructuring charges, mainly severance and benefits costs, in fiscal 2026 and fiscal 2025.
Word for word“During Fiscal 2026 and Fiscal 2025, we recorded restructuring charges of $25.9 million and $20.4 million, respectively, primarily consisting of severance and benefits costs.” 10-K for 2026
Our summaryThe company incurred other charges tied to its Next Generation Transformation project, recorded within restructuring and other charges, net.
Word for word“In connection with the NGT project, we incurred other charges of $83.9 million, $25.2 million, and $5.1 million during Fiscal 2026, Fiscal 2025, and Fiscal 2024, respectively, which were recorded within restructuring and other charges, net in the consolidated statements of operations.” 10-K for 2026
Our summaryNet restructuring-related charges and certain other charges reduced operating results in both fiscal years.
Word for word“During Fiscal 2026 and Fiscal 2025, our operating results were negatively impacted by net restructuring-related charges and certain other charges totaling $118.1 million and $57.8 million, respectively, which had an after-tax effect of reducing net income by $92.1 million, or $1.48 per diluted share, and $46.0 million, or $0.72 per diluted share, respectively.” 10-K for 2026
Ralph Lauren filed 4 restructuring notices (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 Ralph Lauren’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 2026-05-21. 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.