V F layoffs, on the record
Every job cut, severance charge and restructuring V F reported in its annual reports, 2024 to 2026, quoted from the filings. Headcount went from approximately 30,000 to approximately 26,000.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2024 | approximately 30,000 | the end of Fiscal 2024 |
| 10-K for 2026 | approximately 26,000 | the end of Fiscal 2026 |
Job cuts, severance and restructuring
Our summaryVF launched a large-scale cost reduction program expected to deliver fixed cost savings by removing spend in non-strategic areas and right-sizing its structure.
Word for word“Implement a large-scale cost reduction program, which is expected to deliver $300 million in fixed cost savings, by removing spend in non-strategic areas of the business, and simplifying and right-sizing VF's structure.” 10-K for 2024
Our summaryVF recorded Reinvent charges and project-related costs, which primarily included severance and employee-related benefit costs and the net impact of asset disposals and write-downs.
Word for word“Reinvent charges and project-related costs in Fiscal 2024 were $105.4 million, which primarily included costs associated with severance and employee-related benefits and the net impact of asset disposals and write-downs.” 10-K for 2024
Our summaryReinvent restructuring program: the company reported restructuring charges in the year, mainly severance and employee-related benefits plus asset impairments and write-downs.
Word for word“Reinvent restructuring charges in the year ended March 2025 were $81.4 million and cumulative charges were $190.1 million since the inception of the program, which primarily included costs associated with severance and employee-related benefits and the impact of asset impairments and write-downs.” 10-K for 2025
Our summaryReinvent restructuring charges and project-related costs drove higher corporate and other expenses in Fiscal 2025.
Word for word“Corporate and other expenses increased $77.1 million in Fiscal 2025 when compared to Fiscal 2024.” 10-K for 2025
| Fiscal year ended | Severance costs | Restructuring charges | Cash paid for restructuring |
|---|---|---|---|
| 2016-12-31 | $50.4 million | $51.7 million | $1.1 million |
| 2017-12-30 | $11.7 million | $27 million | $38.2 million |
| 2019-03-30 | $46.7 million | $56.8 million | $30.3 million |
| 2020-03-28 | $21.9 million | $25.5 million | $51.7 million |
| 2021-04-03 | $65 million | $74.4 million | $50.5 million |
| 2022-04-02 | $12.3 million | $13 million | $49.6 million |
| 2023-04-01 | $57.4 million | $62.6 million | $41.7 million |
| 2024-03-30 | $70 million | $70 million | $47.8 million |
| 2025-03-29 | — | $68.6 million | $56.8 million |
| 2026-03-28 | — | $42.9 million | $69.1 million |
V F 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 V F’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 2026-05-20. 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.