Reliance layoffs, on the record
Every job cut, severance charge and restructuring Reliance reported in its annual reports, 2023 to 2025, quoted from the filings. Headcount went from approximately 15,000 to 15,700.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2023 | approximately 15,000 | December 31, 2023 |
| 10-K for 2024 | approximately 15,900 | December 31, 2024 |
| 10-K for 2025 | 15,700 | December 31, 2025 |
Job cuts, severance and restructuring
Our summaryCost of sales included restructuring charges relating to operational changes at certain operations.
Word for word“Cost of sales in 2024 and 2023 included $10.2 million and $0.2 million, respectively, of restructuring charges relating to operational changes at certain operations.” 10-K for 2024
Our summaryRecorded an impairment loss on a trade name intangible asset after its discontinued use resulting from an operational restructuring.
Word for word“Included in Expenses are $11.7 million of impairment losses in 2024, which included $11.2 million related to the discontinued use of a trade name intangible asset in connection with an operational restructuring.” 10-K for 2024
Our summaryRecorded non-recurring net settlement charges mainly related to withdrawal from certain multiemployer pension plans.
Word for word“In addition, same-store SG&A expense in 2024 included non-recurring net settlement charges of $4.1 million, mainly related to our withdrawal from certain multiemployer pension plans, and 2023 included $3.8 million of nonrecurring gains related to the sale of non-core property, plant and equipment.” 10-K for 2024
Our summaryThe company closed or reorganized certain locations in 2025 and 2024, which resulted in impairment and restructuring charges.
Word for word“In 2025 and 2024, we closed or reorganized certain of our locations that resulted in impairment and restructuring charges.” 10-K for 2025
Reliance 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 Reliance’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 2026-02-26. 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.