Westinghouse Air Brake Technologies layoffs, on the record
Every job cut, severance charge and restructuring Westinghouse Air Brake Technologies reported in its annual reports, 2023 to 2025, quoted from the filings. Headcount went from approximately 29,000 to approximately 31,000.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2023 | approximately 29,000 | As of December 31, 2023 |
| 10-K for 2024 | approximately 29,500 | As of December 31, 2024 |
| 10-K for 2025 | approximately 31,000 | December 31, 2025 |
Job cuts, severance and restructuring
Our summaryWabtec announced Integration 2.0, a three-year strategic initiative that includes reducing headcount and consolidating its operating footprint.
Word for word“During the first quarter of 2022, Wabtec announced Integration 2.0, a three-year strategic initiative to target incremental run rate synergies estimated to be between $75 million and $90 million in 2025.” 10-K for 2023
Our summaryUnder Integration 2.0, Wabtec recorded 2023 restructuring charges, primarily employee-related costs and asset write-downs tied to European site consolidations, and expects about 15 facility closures.
Word for word“During the twelve months ended December 31, 2023, the Company incurred one-time restructuring charges for programs included in the initiative of approximately $49 million which were primarily for employee-related costs and asset write downs associated with site consolidations in Europe.” 10-K for 2023
Our summaryWabtec recorded 2022 Integration 2.0 charges, mainly employee-related costs for European site consolidations and North America distribution restructuring.
Word for word“Charges related to Integration 2.0 of 28 $46 million were recorded during the twelve months ended December 31, 2022, primarily for employee-related costs associated with site consolidations in Europe and costs related to the restructuring of North America distribution channels.” 10-K for 2023
Our summaryWabtec launched Integration 2.0, a multi-year initiative that included reducing headcount and consolidating its operating footprint.
Word for word“Approved programs resulted in approximately 15 facility closures and impacted approximately 1,000 employees.” 10-K for 2024
Our summaryWabtec recorded restructuring costs in cost of sales, mainly for headcount actions and footprint rationalization under Integration 2.0 and Portfolio Optimization.
Word for word“Cost of sales for the years ended December 31, 2024 and 2023 included $37 million and $38 million, respectively, of restructuring costs, primarily for headcount actions and footprint rationalization related to Integration 2.0 and Portfolio Optimization.” 10-K for 2024
Our summaryWabtec recorded restructuring costs in SG&A, mainly for headcount actions and footprint rationalization programs.
Word for word“Restructuring costs included in SG&A were $18 million for the years ended December 31, 2024 and 2023, primarily for headcount actions and footprint rationalization programs related to Integration 2.0 in both years and Portfolio Optimization in 2024.” 10-K for 2024
Our summaryWabtec recorded charges mainly for asset write-downs under its Portfolio Optimization program of exiting low-margin product offerings.
Word for word“For the years ended December 31, 2024 and 2023, Wabtec recorded charges of approximately $28 million primarily for asset write 26 downs related to Portfolio Optimization.” 10-K for 2024
Our summaryWabtec announced Integration 3.0, a three-year initiative with a target of incremental synergies.
Word for word“In February 2025, Wabtec announced Integration 3.0, a three-year strategic initiative to target incremental run rate synergies estimated to be between $100 million to $125 million by 2028.” 10-K for 2024
Our summaryThe company is running Integration 3.0, a multi-year initiative to consolidate its footprint and streamline operations, and expects one-time restructuring charges.
Word for word“The Company anticipates that it will incur one-time restructuring charges related to Integration 3.0 of approximately $ 80 million to $ 100 million.” 10-K for 2025
Our summaryThe company recorded restructuring costs in 2025 and 2024 under its Integration 3.0, Portfolio Optimization and Integration 2.0 initiatives, mainly for employee-related costs and asset write downs.
Word for word“For the years ended December 31, 2025 and 2024, Wabtec incurred $75 million and $65 million, respectively, of restructuring costs primarily for employee-related costs and asset write downs on programs under these initiatives.” 10-K for 2025
Our summaryThe company is carrying out Integration 2.0, a multi-year initiative that includes reducing headcount, and has incurred most of its expected charges.
Word for word“The Company anticipates that it will incur one-time charges related to Integration 2.0 up to approximately $ 170 million, of which approximately $ 149 million has been incurred to date.” 10-K for 2025
| Fiscal year ended | Restructuring charges |
|---|---|
| 2022-12-31 | $46 million |
| 2023-12-31 | $49 million |
| 2024-12-31 | $28 million |
Westinghouse Air Brake Technologies 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 Westinghouse Air Brake 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 2026-02-13. 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.