Tennant layoffs, on the record
Every job cut, severance charge and restructuring Tennant reported in its annual reports, 2023 to 2025, quoted from the filings. Headcount went from approximately 4,457 to 4,484.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2023 | approximately 4,457 | December 31, 2023 |
| 10-K for 2024 | 4,632 | December 31, 2024 |
| 10-K for 2025 | 4,484 | December 31, 2025 |
Job cuts, severance and restructuring
Our summaryTennant recorded pre-tax restructuring charges as part of its ongoing global reorganization efforts, mostly severance-related costs in selling and administrative expense and cost of sales.
Word for word“In 2023 and 2022, we incurred restructuring expenses as part of our ongoing global reorganization efforts.” 10-K for 2023
Our summaryThe 2023 restructuring charges impacted the EMEA and APAC operating segments.
Word for word“The charges in 2023 impacted the Europe, Middle East (EMEA) and Asia Pacific (APAC) operating segments.” 10-K for 2023
Our summarySeverance and related restructuring liability was tracked, with new charges, cash payments and an adjustment to the accrual during 2023.
Word for word“A reconciliation to the ending liability balance of severance and related costs as of December 31, 2023 is as follows: 2023 2022 Beginning balance $ 1.7 $ 4.9 New charges 3.2 2.2 Cash payments ( 1.9 ) ( 2.9 ) Foreign currency adjustments — ( 0.5 ) Adjustment to accrual ( 0.6 ) ( 2.0 ) Ending balance $ 2.4 $ 1.7 5.” 10-K for 2023
Our summaryThe company stated it may incur additional restructuring charges in the future that could be material.
Word for word“As a result of this ongoing process to improve financial performance, we may incur additional restructuring charges in the future which, if taken, could be material to our financial results.” 10-K for 2023
Our summaryTennant recorded restructuring charges for severance and related costs tied to a global workforce realignment, with the 2024 charges impacting all operating segments.
Word for word“The charges in 2024 impacted all operating segments and 44 Table of Contents NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (Tables in millions, except shares and per share data) were related to a global workforce realignment to support our key strategic initiatives.” 10-K for 2024
Our summaryTennant recorded 2023 restructuring charges for severance-related costs that affected its EMEA and APAC operating segments.
Word for word“The charges in 2023 impacted the Europe, Middle East and Africa ("EMEA") and Asia Pacific ("APAC") operating segments.” 10-K for 2024
Our summaryTennant reported that its restructuring severance liability was $8.6 million at year-end 2024, with new charges of $8.8 million and cash payments of $2.3 million during the year.
Word for word“A reconciliation to the ending liability balance of severance and related costs as of December 31, 2024 and 2023 is as follows: 2024 2023 Beginning balance $ 2.4 $ 1.7 New charges 8.8 3.2 Cash payments ( 2.3 ) ( 1.9 ) Foreign currency adjustments 0.3 — Adjustment to accrual ( 0.6 ) ( 0.6 ) Ending balance $ 8.6 $ 2.4” 10-K for 2024
Our summaryTennant said that restructuring-related charges tied to its global workforce realignment were a driver of the increase in selling and administrative expense in 2024.
Word for word“The S&A expense increase was primarily driven by Enterprise Resource Planning 20 Table of Contents ("ERP") modernization costs, legal contingency costs related to an intellectual property dispute, restructuring-related charges associated with our global workforce realignment, and transaction and integration costs.” 10-K for 2024
Our summaryTennant recorded severance-related restructuring charges in 2025 and 2024 as part of its global reorganization efforts.
Word for word“In 2025 and 2024, we incurred restructuring expenses as part of our global reorganization efforts.” 10-K for 2025
Our summaryThe restructuring charges across all segments were tied to a global workforce realignment supporting key strategic initiatives.
Word for word“The charges in 2025 and 2024 impacted all operating segments and were related to a global workforce realignment to support our key strategic initiatives.” 10-K for 2025
| Fiscal year ended | Restructuring charges | Cash paid for restructuring |
|---|---|---|
| 2016-12-31 | — | $1.9 million |
| 2017-12-31 | — | $6.3 million |
| 2018-12-31 | — | $2.1 million |
| 2019-12-31 | $6.1 million | $2.5 million |
| 2020-12-31 | $6.2 million | $5.4 million |
| 2021-12-31 | $4.1 million | $2.9 million |
| 2022-12-31 | $4.1 million | — |
| 2023-12-31 | $3.2 million | $1.9 million |
| 2024-12-31 | $8.8 million | $2.3 million |
| 2025-12-31 | $8.8 million | $8.7 million |
Tennant 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 Tennant’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 2026-02-24. 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.