UFP Industries layoffs, on the record
Every job cut, severance charge and restructuring UFP Industries reported in its annual reports, 2023 to 2025, quoted from the filings. Headcount went from approximately 15,800 to approximately 13,800.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2023 | approximately 15,800 | December 30, 2023 |
| 10-K for 2024 | approximately 15,000 | On December 28, 2024 |
| 10-K for 2025 | approximately 13,800 | December 27, 2025 |
Job cuts, severance and restructuring
Our summaryThe filing describes a 2020 restructuring that reoriented the company's focus from geography to end markets.
Word for word“That need, combined with our growth objectives, required a structure that would reorient the company’s focus from geography to end markets.” 10-K for 2023
Our summaryThe filing reports an increase in severance charges within SG&A for the Construction segment's 2024 results compared to 2023.
Word for word“The overall decrease was partially offset by an increase in salaries, wages, and benefits of approximately $8.7 million as well as an increase in severance charges totaling $1.3 million.” 10-K for 2024
Our summaryThe filing refers to a 2020 restructuring that reoriented the company's focus from geography to end markets.
Word for word“Our 2020 restructuring accomplished that objective and now allows us to better serve our customers, recognize and exploit market opportunities, enhance the efficiency of our operations, and improve the deployment of capital.” 10-K for 2024
Our summaryThe company restructured its UFP Edge business unit, which led to a decline in sales and a higher number of days of sales outstanding.
Word for word“The increase in our days of sales outstanding is primarily due to the UFP Edge business unit resulting from a decline in sales due to restructuring.” 10-K for 2025
UFP Industries 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 UFP Industries’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 2026-02-25. 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.