Savers Value Village layoffs, on the record
Every job cut, severance charge and restructuring Savers Value Village reported in its annual reports, 2023 to 2026, quoted from the filings.
Job cuts, severance and restructuring
Our summaryThe company reported a one-time tax benefit tied to an internal legal entity restructuring completed in October 2023.
Word for word“(9) Represents a one-time tax benefit of $31.3 million associated with a internal legal entity restructuring in fiscal year 2023 and a one-time tax expense of $24.8 million associated with debt restructuring in fiscal year 2021.” 10-K for 2023
Our summaryThe company recorded store closing expenses tied to closing certain retail locations, including lease termination and landlord fees.
Word for word“Store closing expenses (6) 1,613 2,732 397 Executive transition costs (7) — 1,532 420 COVID-19 related adjustments (8) — — (21,367) Transaction costs (9) 3,103 4,728 12,604 Dividend-related bonuses (10) 24,097 6,499 — (Gain) loss on foreign currency, net (6,660) 20,737 (1,583) Other adjustments (11) (3,260) 2,698 3,964 Adjusted EBITDA $ 322,377 $ 301,686 $ 223,379 Net income margin 3.5% 5.9% 6.9% Adjusted EBITDA margin 21.5% 21.0% 18.6% (1) Removes the effects of the loss on debt extinguishment in relation to the partial repayment of outstanding borrowings under the Term Loan Facility on February 6, 2023 and July 5, 2023, the partial redemption of our Senior Secured Notes on July 3, 2023, the repayment of a mortgage loan on January 6, 2022 and repayment of the Company’s prior term loan facility on April 26, 2021.” 10-K for 2023
Our summaryThe company recorded severance costs tied to executive leadership changes, along with retention costs related to the 2 Peaches Acquisition.
Word for word“(6) Represents severance costs associated with executive leadership changes and retention costs associated with the 2 Peaches Acquisition.” 10-K for 2026
Our summaryIn fiscal 2025 the company recorded store impairment and related charges, accelerated amortization and depreciation from shorter estimated useful lives of certain assets, and a reduction in the fair value of contingent consideration.
Word for word“(7) Fiscal 2025 includes store impairment and other related charges of $5.9 million, accelerated amortization and depreciation of $4.2 million due to a reduction of the estimated useful lives for certain acquisition-related intangible assets and store-related property and equipment, and a reduction to the fair value of acquisition-related contingent consideration of $1.3 million.” 10-K for 2026
Our summaryThe company carried out an internal legal entity restructuring in October 2023.
Word for word“(1) In October 2023 the Company underwent an internal legal entity restructuring.” 10-K for 2026
Savers Value Village 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 Savers Value Village’s annual reports (10-K for 2026, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-20. 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.