Visteon layoffs, on the record
Every job cut, severance charge and restructuring Visteon reported in its annual reports, 2023 to 2025, quoted from the filings. Headcount went from approximately 10,000 to approximately 10,500.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2023 | approximately 10,000 | — |
| 10-K for 2024 | approximately 10,000 | — |
| 10-K for 2025 | approximately 10,500 | — |
Job cuts, severance and restructuring
Our summaryRecorded net restructuring expense globally in 2023 to improve efficiencies and rationalize the Company's footprint, primarily related to employee severance.
Word for word“During 2023, the Company approved and recorded $ 5 million of net restructuring expense globally to improve efficiencies and rationalize the Company's footprint.” 10-K for 2023
Our summaryRecorded net restructuring expense for the year, primarily related to employee severance.
Word for word“The Company recorded $5 million and $9 million of net restructuring expense for the years ended December 31, 2023 and 2022, respectively, primarily related to employee severance.” 10-K for 2023
Our summaryPaid cash related to restructuring activities during the year.
Word for word“During the year ended December 31, 2023, the Company paid $8 million related to restructuring activities.” 10-K for 2023
Our summaryVisteon announced a 2024 global restructuring plan aimed at improving efficiency and further rationalizing its footprint.
Word for word“The increase is due to a 2024 global restructuring plan announced in September 2024 aimed at improving efficiency and further rationalize the Company’s footprint.” 10-K for 2024
Our summaryVisteon paid cash related to its restructuring activities during the year.
Word for word“During the year ended December 31, 2024, the Company paid $10 million related to restructuring activities.” 10-K for 2024
| Fiscal year ended | Restructuring charges | Cash paid for restructuring |
|---|---|---|
| 2016-12-31 | $49 million | $32 million |
| 2017-12-31 | $14 million | $30 million |
| 2018-12-31 | $29 million | $30 million |
| 2019-12-31 | $4 million | $15 million |
| 2020-12-31 | $76 million | — |
| 2021-12-31 | $14 million | — |
| 2022-12-31 | $6 million | $15 million |
| 2023-12-31 | $6 million | $8 million |
| 2024-12-31 | $32 million | $10 million |
| 2025-12-31 | $8 million | $15 million |
Visteon filed 3 restructuring notices (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 Visteon’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 2026-02-19. 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.