Wesco International layoffs, on the record
Every job cut, severance charge and restructuring Wesco International reported in its annual reports, 2023 to 2025, quoted from the filings. Headcount went from approximately 20,000 to approximately 21,000.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2023 | approximately 20,000 | December 31, 2023 |
| 10-K for 2024 | approximately 20,000 | December 31, 2024 |
| 10-K for 2025 | approximately 21,000 | December 31, 2025 |
Job cuts, severance and restructuring
Our summaryCompany recorded restructuring costs under an ongoing restructuring plan that include severance costs.
Word for word“Restructuring costs include severance costs incurred pursuant to an ongoing restructuring plan.” 10-K for 2023
Our summaryCompany took headcount reductions at the end of the second quarter of 2023, which lowered SG&A payroll expense growth.
Word for word“This increase in payroll and payroll-related expenses also includes an increase in sales commissions of $31.9 million and a reduction to incentive compensation expense of $98.3 million.” 10-K for 2023
Our summaryCompany recorded restructuring costs, described as severance costs under an ongoing restructuring plan, in 2024.
Word for word“Income from operations for 2024 includes digital transformation costs of $24.9 million, a loss on abandonment of assets of $17.8 million as a result of the write-off of certain capitalized cloud computing arrangement implementation costs relating to a third-party developed operations management software product that will no longer be utilized, restructuring costs of $12.1 million, and excise taxes on excess pension plan assets of $4.9 million.” 10-K for 2024
Our summaryCompany recorded restructuring costs, described as severance costs under an ongoing restructuring plan, in 2023.
Word for word“For 2023, income from operations was 6.6% of net sales, as adjusted for digital transformation costs of $36.1 million, merger-related and integration costs of $19.3 million, restructuring costs of $16.7 million, and accelerated trademark amortization of $1.6 million.” 10-K for 2024
Our summaryRestructuring costs are defined as severance costs incurred under an ongoing restructuring plan.
Word for word“(6) Restructuring costs include severance costs incurred pursuant to an ongoing restructuring plan.” 10-K for 2024
Our summaryThe company recorded restructuring costs made up of severance costs under an ongoing restructuring plan.
Word for word“(2) Restructuring costs include severance costs incurred pursuant to an ongoing restructuring plan.” 10-K for 2025
Wesco International 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 Wesco International’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 2026-02-13. 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.