Wisconsin Public Service layoffs, on the record
Every job cut, severance charge and restructuring Wisconsin Public Service reported in its annual reports, 2023 to 2025, quoted from the filings. Headcount went from 1,154 to 1,220.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2023 | 1,154 | As of December 31, 2023 |
| 10-K for 2024 | 1,180 | December 31, 2024 |
| 10-K for 2025 | 1,220 | December 31, 2025 |
Job cuts, severance and restructuring
Our summaryThe company reported a $5.4 million increase in other operating and maintenance costs, partly offset by lower severance expense during 2023.
Word for word“These increases were partially offset by lower severance during 2023.” 10-K for 2023
Our summaryThe company carries severance liabilities for past and future power plant retirements, with a balance of $2.7 million at the end of 2023 and 2022 and no severance expense recorded in 2023.
Word for word“We have severance liabilities related to past and future plant retirements recorded in other current and other long-term liabilities on our balance sheets.” 10-K for 2023
Our summaryThe company reported a decrease in its severance liability for plant retirements in 2024, attributed to workforce realignment efforts.
Word for word“(1) The severance accrual was decreased in 2024 due to workforce realignment efforts.” 10-K for 2024
Our summaryThe company reported lower severance expense in 2024 as a factor reducing other operating and maintenance costs.
Word for word“These increases in other operating expenses were partially offset by an $8.7 million decrease in other operating and maintenance related to our power plants, driven by the resolution of certain items as a result of our December 2024 Wisconsin rate order approved by the PSCW, as well as lower severance expense during 2024.” 10-K for 2024
Our summaryThe company carries a severance liability tied to the planned retirement of Columbia Units 1 and 2, which stayed at the same level in 2025 after being lowered in 2024 due to workforce realignment.
Word for word“We have severance liabilities related to Columbia Units 1 and 2 recorded in other current and other long-term liabilities on our balance sheets.” 10-K for 2025
| Fiscal year ended | Restructuring charges | Cash paid for restructuring |
|---|---|---|
| 2018-12-31 | — | $800,000 |
| 2019-12-31 | $0 | $1.5 million |
| 2020-12-31 | $0 | $0 |
| 2021-12-31 | $1.6 million | $0 |
| 2022-12-31 | $1.1 million | $0 |
| 2023-12-31 | $0 | — |
| 2025-12-31 | $0 | — |
Wisconsin Public Service 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 Wisconsin Public Service’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 2026-02-20. 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.