Tapestry layoffs, on the record
Every job cut, severance charge and restructuring Tapestry reported in its annual reports, 2024 to 2026, quoted from the filings. Headcount went from approximately 18,600 to approximately 20,600.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2024 | approximately 18,600 | June 29, 2024 |
| 10-K for 2025 | approximately 19,000 | June 28, 2025 |
| 10-K for 2026 | approximately 20,600 | June 27, 2026 |
Job cuts, severance and restructuring
Our summaryRecorded organizational efficiency costs from initiatives to streamline the organization and optimize processes, mainly one-time severance and technology charges.
Word for word“Organizational Efficiency Costs - Total pre-tax charges of $17.2 million primarily related to severance costs and technology costs.” 10-K for 2025
Our summaryThe company recorded organizational efficiency charges, mainly technology and severance costs, for initiatives to streamline the organization in fiscal 2026.
Word for word“Organizational Efficiency Costs - Total pre-tax charges of $29.0 million primarily related to technology costs and severance costs.” 10-K for 2026
Our summaryThe company recorded charges tied to the Stuart Weitzman divestiture, mainly professional fees and severance, partly offset by transition services income.
Word for word“Acquisition and Divestiture Costs - Total pre-tax charges of $10.9 million related to the Stuart Weitzman Business Divestiture primarily due to professional fees and severance costs, partially offset by income from the transition services agreement ("TSA").” 10-K for 2026
Our summaryThe company recorded costs to move from its Ohio fulfillment center to a third-party facility in Pennsylvania.
Word for word“Distribution Network Optimization Costs - Total pre-tax charges of $9.8 million primarily related to costs to transition from our Ohio fulfillment center to a third-party facility in Pennsylvania.” 10-K for 2026
| Fiscal year ended | Restructuring charges |
|---|---|
| 2022-07-02 | $14.8 million |
| 2023-07-01 | $0 |
| 2024-06-29 | $0 |
Tapestry filed 3 restructuring notices (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 Tapestry’s annual reports (10-K for 2026, 10-K for 2025, 10-K for 2024) and the financial data it files with the SEC, as of 2026-08-13. 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.