Whirlpool layoffs, on the record
Every job cut, severance charge and restructuring Whirlpool reported in its annual reports, 2023 to 2025, quoted from the filings.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2023 | 59,000 | 2023 |
Job cuts, severance and restructuring
Our summaryCompany reported restructuring charges for the years 2023, 2022 and 2021.
Word for word“We incurred restructuring charges of $16 million, $21 million and $38 million for the years ended December 31, 2023, 2022 and 2021, respectively.” 10-K for 2023
Our summaryCompany said it may be required to implement additional cost reduction efforts, including restructuring activities.
Word for word“We may be required to implement additional cost reduction efforts, including restructuring activities, which may adversely affect our ability to capitalize on opportunities in a market recovery.” 10-K for 2023
Our summaryCompany completed a legal entity restructuring that created a tax-deductible loss and a net tax benefit.
Word for word“The completion of the restructuring created a tax-deductible loss which was recognized in the fourth quarter of 2023, and resulted in a $172 million net tax benefit, partially offset by increases in valuation allowances.” 10-K for 2023
Our summaryCompany expects 2024 restructuring cash outlays of about $50 million.
Word for word“Additionally, we expect to generate cash from operating activities of approximately $1,150 - $1,250 and free cash flow of between $550 million and $650 million, including restructuring cash outlays of approximately $50 million and, with respect to free cash flow, capital expenditures of approximately $600 million.” 10-K for 2023
| Fiscal year ended | Restructuring charges | Cash paid for restructuring |
|---|---|---|
| 2016-12-31 | $173 million | $119 million |
| 2017-12-31 | $275 million | $172 million |
| 2018-12-31 | $247 million | $265 million |
| 2019-12-31 | $188 million | $146 million |
| 2020-12-31 | $288 million | $196 million |
| 2021-12-31 | $38 million | $146 million |
| 2022-12-31 | $21 million | $40 million |
| 2023-12-31 | $16 million | — |
| 2024-12-31 | $79 million | $69 million |
| 2025-12-31 | $63 million | $24 million |
Whirlpool filed 8 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 Whirlpool’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 2026-02-11. 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.