Zurn Elkay Water Solutions layoffs, on the record
Every job cut, severance charge and restructuring Zurn Elkay Water Solutions reported in its annual reports, 2023 to 2025, quoted from the filings. Headcount went from approximately 2,400 to approximately 2,600.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2023 | approximately 2,400 | December 31, 2023 |
| 10-K for 2024 | approximately 2,500 | December 31, 2024 |
| 10-K for 2025 | approximately 2,600 | December 31, 2025 |
Job cuts, severance and restructuring
Our summaryCompany ran various restructuring actions in 2023 that primarily resulted in workforce reductions, lease termination costs and facility rationalization costs, recording restructuring charges of $15.3 million.
Word for word“During the year ended December 31, 2023, the Company continued to execute various restructuring actions.” 10-K for 2023
Our summaryCompany recorded employee termination benefit charges within its 2023 restructuring costs and made cash payments against the restructuring accrual.
Word for word“The following table summarizes the Company's restructuring and other similar charges incurred during the years ended December 31, 2023, 2022, and 2021 (in millions): Year Ended December 31, 2023 December 31, 2022 December 31, 2021 Employee termination benefits $ 3.4 $ 13.6 $ 3.7 Asset impairment charges 2.5 — — Contract termination and other associated costs 9.4 1.8 — Total restructuring and other similar charges $ 15.3 $ 15.4 $ 3.7 Restructuring Costs To-date (Period from April 1, 2011 to December 31, 2023) Restructuring Costs To-date (Period from April 1, 2011 to December 31, 2023) Employee termination benefits $ 33.8 Asset impairment charges 2.5 Contract termination and other associated costs 18.5 Total restructuring and other similar charges $ 54.8 The following table summarizes the activity in the Company's accrual for restructuring and other similar charges for the years ended December 31, 2023 and 2022 (in millions): Employee termination benefits Asset impairment charges Contract termination and other associated costs Total Accrued restructuring costs, December 31, 2021 $ 2.4 $ — $ — $ 2.4 Elkay opening balance sheet accrual 4.7 — — 4.7 Charges 13.6 — 1.8 15.4 Cash payments ( 12.9 ) — ( 0.6 ) ( 13.5 ) Accrued restructuring costs, December 31, 2022 (1) $ 7.8 $ — $ 1.2 $ 9.0 Charges 3.4 2.5 9.4 15.3 Cash payments ( 10.5 ) — ( 10.0 ) ( 20.5 ) Non-cash charges — ( 2.5 ) — ( 2.5 ) Accrued restructuring costs, December 31, 2023 (1) $ 0.7 $ — $ 0.6 $ 1.3 ____________________ (1) As of December 31, 2023, the restructuring accrual is included in other current liabilities in the consolidated balance sheets.” 10-K for 2023
Our summaryThe company continued various restructuring actions during 2024 that primarily resulted in workforce reductions, lease termination costs and other facility rationalization costs.
Word for word“During the year ended December 31, 2024, the Company continued to execute various restructuring actions.” 10-K for 2024
Our summaryEmployee termination benefits were recorded as part of restructuring charges in 2024, 2023 and 2022.
Word for word“The following table summarizes the Company's restructuring and other similar charges incurred during the years ended December 31, 2024, 2023, and 2022 (in millions): Year Ended December 31, 2024 December 31, 2023 December 31, 2022 Employee termination benefits $ 2.1 $ 3.4 $ 13.6 Asset impairment charges 8.0 2.5 — Contract termination and other associated costs 3.4 9.4 1.8 Total restructuring and other similar charges $ 13.5 $ 15.3 $ 15.4 Restructuring Costs To-date (Period from April 1, 2011 to December 31, 2024) Restructuring Costs To-date (Period from April 1, 2011 to December 31, 2024) Employee termination benefits $ 35.9 Asset impairment charges 10.5 Contract termination and other associated costs 21.9 Total restructuring and other similar charges $ 68.3 The following table summarizes the activity in the Company's accrual for restructuring and other similar charges for the years ended December 31, 2024 and 2023 (in millions): Employee termination benefits Asset impairment charges Contract termination and other associated costs Total Accrued restructuring costs, December 31, 2022 $ 7.8 $ — $ 1.2 $ 9.0 Charges 3.4 2.5 9.4 15.3 Cash payments ( 10.5 ) — ( 10.0 ) ( 20.5 ) Non-cash charges — ( 2.5 ) — ( 2.5 ) Accrued restructuring costs, December 31, 2023 (1) $ 0.7 $ — $ 0.6 $ 1.3 Charges 2.1 8.0 3.4 13.5 Cash payments ( 1.7 ) — ( 3.9 ) ( 5.6 ) Non-cash charges — ( 8.0 ) — ( 8.0 ) Accrued restructuring costs, December 31, 2024 (1) $ 1.1 $ — $ 0.1 $ 1.2 ____________________ (1) As of December 31, 2024 and December 31, 2023, the accrual for restructuring and other similar charges is included in other current liabilities in the consolidated balance sheets.” 10-K for 2024
Our summaryThe company expects to incur further expenses for workforce reductions, asset impairment, lease termination and facility rationalization, and says its restructuring plans are preliminary.
Word for word“As such, the Company expects further expenses related to workforce reductions, potential impairment or accelerated depreciation of assets, lease termination costs and other facility rationalization costs.” 10-K for 2024
Our summaryDuring 2025 the company continued various restructuring actions that mainly caused workforce reductions, lease termination costs and other facility rationalization costs.
Word for word“These restructuring actions primarily resulted in workforce reductions, lease termination costs, and other facility rationalization costs.” 10-K for 2025
Our summaryThe company recorded restructuring charges of $9.6 million for 2025, compared with $13.5 million for 2024 and $15.3 million for 2023.
Word for word“We recorded restructuring charges of $9.6 million, $13.5 million and $15.3 million for the years ended December 31, 2025, 2024, and 2023, respectively.” 10-K for 2025
| Fiscal year ended | Restructuring charges | Restructuring costs incurred | Cash paid for restructuring |
|---|---|---|---|
| 2017-03-31 | $26.1 million | $26.1 million | $26.7 million |
| 2018-03-31 | $14.1 million | $14.1 million | $21.5 million |
| 2019-03-31 | $12.1 million | $12.1 million | $10.1 million |
| 2020-03-31 | $1.2 million | $1.2 million | $10 million |
| 2020-12-31 | $2 million | — | — |
| 2021-12-31 | $3.7 million | $3.7 million | $1.8 million |
| 2022-12-31 | $15.4 million | — | $13.5 million |
| 2023-12-31 | $15.3 million | — | $20.5 million |
| 2024-12-31 | $13.5 million | — | $5.6 million |
| 2025-12-31 | $9.6 million | — | $6.4 million |
Zurn Elkay Water Solutions 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 Zurn Elkay Water Solutions’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 2026-02-09. 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.