Sunbelt Rentals Holdings layoffs, on the record
Every job cut, severance charge and restructuring Sunbelt Rentals Holdings reported in its annual reports, 2026, quoted from the filings.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2026 | 25,751 full-time and 265 part-time employees | As of April 30, 2026 |
Job cuts, severance and restructuring
Our summaryThe company began an operational restructuring of its U.K. segment, consolidating regional operations, cutting costs and exiting non-core assets, which led to $44 million of non-recurring costs in fiscal 2026.
Word for word“In total, these activities have resulted in the recognition of $ 44 million of non‑recurring costs in the income statement in fiscal year 2026, with no further significant cost expected in fiscal year 2027.” 10-K for 2026
Our summaryThe company started the U.K. restructuring in connection with its Sunbelt 4.0 priorities, covering regional consolidation, cost efficiency and exits of non-core assets.
Word for word“In connection with our Sunbelt 4.0 strategic priorities for the U.K. segment, we initiated an operational restructuring during the second quarter of fiscal year 2026.” 10-K for 2026
Our summaryThe company sold its U.K. Hoist business as part of the restructuring plan.
Word for word“As part of this plan, we completed the sale of our U.K. Hoist business in October 2025 for proceeds of $ 16 million.” 10-K for 2026
Our summaryThe company reported restructuring costs tied to the Redomiciliation and U.S. Listing and the U.K. restructure, including staff costs of $33 million and other restructuring costs of $82 million for fiscal 2026.
Word for word“Restructuring costs relate to staff and other costs incurred in relation to the Redomiciliation and U.S. Listing and, in the year ended April 30, 2026, the operational restructure of the United Kingdom segment.” 10-K for 2026
| Fiscal year ended | Restructuring charges | Cash paid for restructuring |
|---|---|---|
| 2026-04-30 | $9 million | $5 million |
Sunbelt Rentals Holdings 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 Sunbelt Rentals Holdings’s annual reports (10-K for 2026) and the financial data it files with the SEC, as of 2026-06-23. 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.