Ultra Clean Holdings layoffs, on the record

Headcount, as reported

Job cuts, severance and restructuring

1. Our summaryThe company reported restructuring costs, mainly employee severance and facilities consolidation, to improve efficiencies and reduce redundancies, which increased general and administrative expenses in fiscal 2023. fiscal year 2023 · Cost: increases in acquisition and restructuring related costs of $6.0 million

   Word for word“General and administrative expenses decreased $22.3 million in fiscal year 2023 over fiscal year 2022, primarily driven by decreases in stock-based compensation expense of $7.1 million, in other employee related costs of $4.5 million, in amortization of intangible assets acquired through business combinations of $6.1 million, in spending for certain third party professional services of $3.7 million and in depreciation expense of $3.5 million partially offset by increases in acquisition and restructuring related costs of $6.0 million.” 10-K for 2023

2. Our summaryThe company recorded higher severance costs from restructuring, including involuntary separations and a voluntary early retirement program, which added to its fiscal 2025 operating loss.

   Word for word“The loss was further affected by higher stock-based compensation and severance costs related to restructuring activities, including involuntary separations and a voluntary early retirement program.” 10-K for 2025

3. Our summaryGeneral and administrative expenses rose in part because of a separation payment to the prior CEO and more restructuring activity, including involuntary separations and a voluntary early retirement program.

   Word for word“General and administrative expenses increased $6.5 million in fiscal year 2025 over fiscal year 2024, primarily driven by increase in stock-based compensation, a separation payment made to the prior CEO, and increased restructuring activities, including both involuntary separations and a voluntary early retirement program.” 10-K for 2025

Ultra Clean 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 Ultra Clean Holdings’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 2026-02-23. 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.