Watts Water Technologies layoffs, on the record
Every job cut, severance charge and restructuring Watts Water Technologies reported in its annual reports, 2023 to 2025, quoted from the filings. Headcount went from approximately 5,100 to approximately 5,700.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2023 | approximately 5,100 | December 31, 2023 |
| 10-K for 2024 | approximately 4,800 | December 31, 2024 |
| 10-K for 2025 | approximately 5,700 | December 31, 2025 |
Job cuts, severance and restructuring
Our summaryRecorded a net restructuring charge for cost reduction actions in all regions, primarily severance and other exit costs.
Word for word“Restructuring. In 2023, we recorded a net restructuring charge of $5.5 million, which primarily related to immaterial cost reduction actions in all regions primarily related to severance and other exit costs.” 10-K for 2023
Our summaryRecorded a net restructuring charge tied to a 2021 French restructuring program, decommissioning of machinery at an Americas facility, and cost reduction actions in Europe and the Americas.
Word for word“In 2022, we recorded a net restructuring charge of $10.6 million, which related to a 2021 French restructuring program as well as other actions related to the decommissioning of machinery at one of our facilities in the Americas and cost reduction actions in Europe and the Americas.” 10-K for 2023
Our summaryRecorded after-tax restructuring charges in 2023 that reduced net income.
Word for word“Results for 2023 include after-tax charges of $8.3 million, or $0.25 per common share, for acquisition-related costs, $5.3 million, or $0.16 per common share, primarily for an income tax adjustment related to repatriation of foreign funds and $4.1 million, or $0.12 per common share, for restructuring; partially offset by an after-tax benefit of $2.5 million, or $0.08 per common share, for an adjustment to contingent consideration.” 10-K for 2023
Our summaryBoard authorized a restructuring program at the Hautvillers, France facility, including shutting the foundry and relocating production, eliminating about 96 positions.
Word for word“On February 3, 2025, our Board of Directors authorized a restructuring program with respect to our operating facility in Hautvillers, France (the “2025 French restructuring”).” 10-K for 2024
Our summaryCompany said the 2025 French restructuring program would result in the elimination of approximately 96 positions at the Hautvillers, France facility.
Word for word“The program is expected to include pre-tax charges totaling approximately $22 million, including costs for severance, relocation, facility exit and clean-up and certain asset write-downs, and result in the elimination of approximately 96 positions at the Hautvillers, France facility.” 10-K for 2024
Our summaryCompany recorded a net restructuring charge in 2024 for immaterial actions in all regions, including severance and exit costs.
Word for word“In 2024, we recorded a net restructuring charge of $7.2 million, which related to immaterial actions in all regions including severance, exit costs and other cost reductions.” 10-K for 2024
Our summaryCompany recorded a net restructuring charge in 2023 for immaterial cost reduction actions in all regions, mainly severance and other exit costs.
Word for word“In 2023, we recorded a net restructuring charge of $5.5 million, which related to immaterial cost reduction actions in all regions primarily related to severance and other exit costs.” 10-K for 2024
Our summaryThe company recorded a net restructuring charge in 2025, mostly for a French restructuring program approved in the first quarter of 2025.
Word for word“In 2025, we recorded a net restructuring charge of $23.7 million, which included a $22.0 million charge related to the 2025 French restructuring program that was approved in the first quarter of 2025.” 10-K for 2025
| Fiscal year ended | Restructuring costs incurred |
|---|---|
| 2025-12-31 | $22 million |
Watts Water Technologies filed 2 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 Watts Water Technologies’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.