Simply Good Foods layoffs, on the record
Every job cut, severance charge and restructuring Simply Good Foods reported in its annual reports, 2023 to 2025, quoted from the filings.
Job cuts, severance and restructuring
Our summaryThe company recorded restructuring charges of $0.6 million in fiscal 2023 as a reason for reduced G&A expense, after discontinuing business integration costs.
Word for word“These increases were partially offset by the discontinuation of costs related to business integration activities and restructuring charges of $0.6 million and a reduction in employee-related expenses in the fifty-two weeks ended August 26, 2023.” 10-K for 2023
Our summaryThe company announced restructuring activities in May 2020 tied to its future-state organization design after the Quest acquisition, primarily including workforce reductions, management changes and relocations; the activities were substantially completed in fiscal 2022.
Word for word“In May 2020, the Company announced certain restructuring activities in conjunction with the implementation of the Company's future-state organization design, which created a fully integrated organization with its completed Quest Acquisition.” 10-K for 2023
Our summaryThe company recorded restructuring and restructuring-related costs in fiscal 2021, including a lease impairment related to Toronto and the Netherlands.
Word for word“In the fifty-two weeks ended August 28, 2021, the Company incurred a total of $ 4.3 million in restructuring and restructuring-related costs, which included a $ 0.5 million impairment charge, net of a gain on lease termination, related to its leases in Toronto, Ontario and the Netherlands.” 10-K for 2023
Our summaryThe company incurred restructuring charges in fiscal 2022, which included termination benefits and severance costs and a gain on a Netherlands lease termination.
Word for word“During the fifty-two weeks ended August 27, 2022, the Company incurred $ 0.1 million of restructuring charges which included an immaterial gain on lease termination related to its lease in the Netherlands.” 10-K for 2023
Our summaryThe company reported no restructuring costs in fiscal 2023, with its restructuring liability fully paid out at year end.
Word for word“The Company substantially completed its restructuring activities during the third quarter of fiscal 2022; therefore no restructuring and restructuring-related costs were incurred in the fifty-two weeks ended August 26, 2023.” 10-K for 2023
Our summaryThe company reported that no restructuring and restructuring-related costs were incurred in the fifty-three weeks ended August 31, 2024, or the fifty-two weeks ended August 26, 2023.
Word for word“No restructuring and restructuring-related costs were incurred in the fifty-three weeks ended August 31, 2024, or the fifty-two weeks ended August 26, 2023.” 10-K for 2024
| Fiscal year ended | Restructuring charges | Restructuring costs incurred | Cash paid for restructuring |
|---|---|---|---|
| 2020-08-29 | $5.5 million | $5.5 million | $1.4 million |
| 2021-08-28 | $3.8 million | $4.3 million | $7.1 million |
| 2022-08-27 | $128,000 | $100,000 | $979,000 |
| 2023-08-26 | — | $0 | — |
Simply Good Foods 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 Simply Good Foods’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 2025-10-28. 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.