REV Group layoffs, on the record
Every job cut, severance charge and restructuring REV Group reported in its annual reports, 2023 to 2025, quoted from the filings. Headcount went from 6,543 to approximately 5,700.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2023 | 6,543 | — |
| 10-K for 2024 | approximately 5,500 | — |
| 10-K for 2025 | approximately 5,700 | October 31, 2025 |
Job cuts, severance and restructuring
Our summaryCompany ceased KME fire apparatus production at Nesquehoning, PA and Roanoke, VA facilities as part of relocating production to other F&E facilities; restructuring was complete by October 31, 2022.
Word for word“In September 2021, the Company announced that it would close its KME production facilities located in Nesquehoning, PA and Roanoke, VA and relocate the production to other existing F&E segment facilities within the United States.” 10-K for 2023
Our summaryCompany recorded no restructuring charges in fiscal 2023 for the KME relocation, but incurred other charges mainly from production inefficiencies.
Word for word“For the fiscal year ended October 31, 2023 , the Company did no t incur any restructuring charges, but did incur $ 3.8 million of other charges primarily consisting of production inefficiencies.” 10-K for 2023
Our summaryCompany recorded severance and termination costs within Fire & Emergency and Corporate segments as part of impairment and restructuring costs.
Word for word“Employee Severance and Termination Benefits Contract termination and other costs Asset Impairments Fiscal Year Ended October 31, 2021 Fire & Emergency $ 1.3 $ 0.3 $ 1.5 $ 3.1 Corporate and Other 0.9 — — 0.9 Total $ 2.2 $ 0.3 $ 1.5 $ 4.0” 10-K for 2023
Our summaryCompany reported restructuring-related charges tied to headcount reductions primarily within Corporate, which do not meet the ASC 420 restructuring definition.
Word for word“Reflects costs that are directly attributable to restructuring activities, production inefficiencies within the F&E segment, and costs associated with certain headcount reductions primarily within Corporate that do not meet the definition of restructuring under ASC 420.” 10-K for 2023
Our summaryCompany reported severance-related costs contributing to higher selling, general and administrative expense.
Word for word“Consolidated selling, general and administrative costs increased $29.8 million in fiscal year 2023 primarily due to higher incentive and share-based compensation, legal and settlement expense, and severance-related costs, partially offset by structural cost reductions.” 10-K for 2023
Our summaryAnnounced the discontinuation of manufacturing operations at the ENC facility in Riverside, California, with restructuring charges recorded in fiscal 2024 mainly for severance, retention and contract cancellation costs.
Word for word“On January 29, 2024, the Company announced that it would discontinue manufacturing operations at the Company's ENC facility in Riverside, California.” 10-K for 2024
Our summaryRecorded restructuring provisions for the ENC discontinuation, including employee severance and termination benefits.
Word for word“During fiscal year 2024 , the Company recorded restructuring charges related to this matter of $ 12.3 million, primarily related to severance and retention costs, and contract cancelation costs.” 10-K for 2024
Our summaryClosed KME production facilities in Nesquehoning, PA and Roanoke, VA and moved production to other Specialty Vehicles facilities; restructuring activity was completed by October 31, 2022.
Word for word“During fiscal year 2022, the Company recorded restructuring charges of $ 9.4 million and additional charges of $ 12.0 million consisting of $ 8.5 million of production inefficiencies, $ 2.3 million of accelerated depreciation and $ 1.2 million of other costs.” 10-K for 2024
Our summaryIncurred restructuring related costs tied to a reduction in force affecting corporate employees.
Word for word“Restructuring related charges for fiscal years 2023 and 2022 primarily consist of costs associated with a reduction in force impacting corporate employees and production inefficiencies related to the transition of KME branded fire apparatus production to other facilities within the Specialty Vehicles segment.” 10-K for 2024
Our summaryThe company reported fiscal 2023 restructuring-related charges tied to a reduction in force affecting corporate employees.
Word for word“Restructuring related charges for fiscal year 2023 relates to costs associated with a reduction in force impacting corporate employees.” 10-K for 2025
| Fiscal year ended | Severance costs | Restructuring charges | Cash paid for restructuring |
|---|---|---|---|
| 2016-10-29 | $714,000 | $3.5 million | $4.4 million |
| 2017-10-31 | — | $4.5 million | $4.8 million |
| 2018-10-31 | — | $7.2 million | $7.3 million |
| 2019-10-31 | — | $5.7 million | — |
| 2020-10-31 | — | $9.9 million | — |
| 2021-10-31 | — | $2.5 million | $1.5 million |
| 2022-10-31 | — | $9.4 million | $10.4 million |
| 2023-10-31 | — | $0 | — |
| 2024-10-31 | — | $12.3 million | $11.9 million |
| 2025-10-31 | — | $0 | — |
REV Group 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 REV Group’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 2025-12-10. 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.