Valmont Industries layoffs, on the record
Every job cut, severance charge and restructuring Valmont Industries reported in its annual reports, 2023 to 2025, quoted from the filings. Headcount went from 11,125 to 10,791.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2023 | 11,125 | December 30, 2023 |
| 10-K for 2024 | 10,986 | December 28, 2024 |
| 10-K for 2025 | 10,791 | December 27, 2025 |
Job cuts, severance and restructuring
Our summaryLaunched the Realignment Program to streamline segment support and cut costs, using a reduction in force through a voluntary early retirement program and other headcount reduction actions, completed by end of fiscal 2023.
Word for word“During the third quarter of fiscal 2023, management initiated a plan to streamline segment support across the Company and reduce costs through an organizational realignment program (the “Realignment Program”).” 10-K for 2023
Our summaryRecorded severance and other employee benefit costs for the Realignment Program by segment: Infrastructure, Agriculture and Corporate.
Word for word“During the fiscal year ended December 30, 2023, the Company recorded the following pre-tax expenses for the Realignment Program: Infrastructure Agriculture Corporate Total Severance and other employee benefit costs $ 17,260 $ 9,101 $ 8,849 $ 35,210 56 Table of Contents VALMONT INDUSTRIES, INC. AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Dollars in thousands, except per share amounts) Changes in liabilities recorded for the Realignment Program were as follows: Balance as of Recognized Costs Paid or Balance as of December 31, Realignment Otherwise December 30, 2022 Expense Settled 2023 Severance and other employee benefit costs $ — $ 35,210 $ ( 22,696 ) $ 12,514 (5) CASH FLOW SUPPLEMENTARY INFORMATION The Company considers all highly liquid temporary cash investments purchased with an original maturity of three months or less at the time of purchase to be cash equivalents.” 10-K for 2023
Our summaryPaid severance and other employee benefit costs for the Realignment Program in fiscal 2023, leaving a liability of $12.5 million at year end.
Word for word“payments of severance and other employee benefit costs related to the Realignment Program totaling $22.7 million in fiscal 2023.” 10-K for 2023
Our summaryCompleted the Realignment Program, an organizational realignment to streamline segment support and cut costs, including a reduction in force via a voluntary early retirement program and other headcount reduction actions.
Word for word“The Realignment Program provided for a reduction in force through a voluntary early retirement program and other headcount reduction actions, which were completed by the end of fiscal 2023.” 10-K for 2024
Our summaryRecorded Realignment Program severance and other employee benefit costs by segment: Infrastructure, Agriculture and Corporate.
Word for word“Severance and other employee benefit costs totaled approximately $17.3 million within the Infrastructure segment, $9.1 million within the Agriculture segment, and $8.8 million within Corporate expense.” 10-K for 2024
Our summaryPaid out Realignment Program severance liabilities, which were fully settled by fiscal year end 2024.
Word for word“Operating cash outflows for severance payments related to the Realignment Program totaled $12.5 million and $22.7 million for fiscal 2024 and 2023, respectively.” 10-K for 2024
Our summaryIn fiscal 2025 the company ran realignment activities and recorded pre-tax cash charges, mostly severance and employee benefit costs, plus a smaller amount for contract termination and purchase commitment losses.
Word for word“These actions resulted in pre-tax cash charges of $ 16,066 , of which $15,390 was included in “Realignment charges” and $ 676 was included in “ Product cost of sales ” in the Consolidated Statements of Earnings.” 10-K for 2025
Our summaryIn 2023 management started a Realignment Program to streamline segment support and cut costs, including a voluntary early retirement program and other headcount reductions, finished by the end of fiscal 2023.
Word for word“In the third quarter of fiscal 2023, management initiated a plan to streamline segment support across the Company and reduce costs through an organizational realignment program (the “Realignment Program”).” 10-K for 2025
Our summaryThe Board authorized a cash charge limit for the 2023 Realignment Program.
Word for word“The Board of Directors authorized the incurrence of cash charges up to $ 36,000 in connection with the Realignment Program.” 10-K for 2025
| Fiscal year ended | Restructuring charges | Restructuring costs incurred | Cash paid for restructuring |
|---|---|---|---|
| 2016-12-31 | $13.6 million | $11.3 million | $7.9 million |
| 2017-12-30 | $13.6 million | $0 | $5 million |
| 2018-12-29 | $34 million | $29 million | $20.2 million |
| 2019-12-28 | $34 million | $0 | $10.1 million |
| 2020-12-26 | $23.1 million | $19 million | $6.3 million |
| 2021-12-25 | $23.1 million | — | — |
| 2022-12-31 | $23.1 million | — | — |
| 2023-12-30 | $35.2 million | — | — |
| 2025-12-27 | $15.4 million | — | — |
Valmont Industries filed 1 restructuring notice (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 Valmont 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 2026-02-24. 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.