Sylvamo layoffs, on the record
Every job cut, severance charge and restructuring Sylvamo reported in its annual reports, 2023 to 2025, quoted from the filings. Headcount went from over 6,500 to over 6,500.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2023 | over 6,500 | — |
| 10-K for 2024 | over 6,500 | — |
Job cuts, severance and restructuring
Our summaryCompany recorded severance costs from a planned reduction in its salaried workforce, split across its three segments.
Word for word“During the year ended December 31, 2023, the Company recorded approximately $ 13 million before taxes ($ 10 million after taxes) of severance costs related to a planned reduction in our salaried workforce, of which $ 3 million is included within Cost of products sold and $ 10 million is included within Selling and administrative expenses in our consolidated statements of operations.” 10-K for 2023
| Fiscal year ended | Severance costs | Restructuring charges |
|---|---|---|
| 2019-12-31 | — | $6 million |
| 2020-12-31 | — | $0 |
| 2021-12-31 | — | $0 |
| 2023-12-31 | $13 million | — |
Sylvamo 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 Sylvamo’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 2026-02-20. 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.