Woodward layoffs, on the record
Every job cut, severance charge and restructuring Woodward reported in its annual reports, 2023 to 2025, quoted from the filings.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2025 | approximately 10,200 | October 31, 2025 |
Job cuts, severance and restructuring
Our summaryThe filing reports a cost reduction plan with employee severance recorded in fiscal 2023 for the Aerospace segment.
Word for word“us-gaap:EmployeeSeveranceMember wwd:CostReductionPlanMember 2022-10-01 2023-09-30” 10-K for 2024
Our summaryThe filing reports a hydraulics and engine systems realignment restructuring charge in fiscal 2024.
Word for word“wwd:HydraulicsAndEngineSystemsRealignmentMember 2023-10-01 2024-09-30” 10-K for 2024
Our summaryIn fiscal year 2023 the company committed to a cost reduction plan to align its cost structure, mainly in the Industrial segment, and recorded restructuring charges for workforce management costs.
Word for word“During fiscal year 2023, the Company committed to a cost reduction plan ("Cost Reduction Plan") to better align the cost structure and recorded $ 5,172 of restructuring charges.” 10-K for 2025
| Fiscal year ended | Restructuring charges | Cash paid for restructuring |
|---|---|---|
| 2016-09-30 | $8.2 million | $1.4 million |
| 2017-09-30 | $0 | $1.6 million |
| 2018-09-30 | $17 million | $491,000 |
| 2019-09-30 | — | $12.4 million |
| 2020-09-30 | $22.2 million | — |
| 2021-09-30 | $5 million | — |
| 2022-09-30 | −$3.4 million | — |
| 2023-09-30 | $5.2 million | — |
| 2024-09-30 | $0 | — |
Woodward filed 5 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 Woodward’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 2025-11-25. 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.