Search every filing
2,477,667 paragraphs from 10-Ks, 10-Qs and 8-Ks with press releases.
Matching paragraphs
Restructuring, severance and related charges decreased during the fiscal year ended August 31, 2025, compared to the fiscal year ended August 31, 2024, primarily due to higher restructuring, severance and related charges, related to the 2024 Restructuring Plan, during the fiscal year ended August 31, 2024. The decrease is partially offset by increased restructuring, severance and related charges, related to the 2025 Restructuring Plan, during the fiscal year ended August 31, 2025.
Read in the filing ↗ Also in 10-K of Oct 23, 2026
Restructuring, severance, and related charges decreased during the three months ended November 30, 2025, compared to the three months ended November 30, 2024, primarily due to higher restructuring, severance and related charges, related to the 2025 Restructuring Plan, during the three months ended November 30, 2024. The decrease is partially offset by restructuring, severance, and related charges, related to targeted restructuring activities to optimize our cost structure and improve operational efficiencies, during the three months ended November 30, 2025.
Read in the filing ↗
Restructuring, severance, and related charges decreased during the three months and nine months ended May 31, 2025, compared to the three months and nine months ended May 31, 2024, primarily due to higher restructuring, severance and related charges, related to the 2024 Restructuring Plan, during the three months and nine months ended May 31, 2024. The decrease is partially offset by increased restructuring, severance and related charges, related to the 2025 Restructuring Plan, during the three months and nine months ended May 31, 2025.
Read in the filing ↗ Also in 10-Q of Jun 30, 2026
See Note 15 - “Restructuring, Severance and Related Charges” to the Consolidated Financial Statements for further discussion of restructuring, severance and related charges.
Read in the filing ↗
Restructuring, severance, and related charges decreased during the three months and six months ended February 28, 2026, compared to the three months and six months ended February 28, 2025, primarily due to higher restructuring, severance and related charges, related to the 2025 Restructuring Plan, during the three months and six months ended February 28, 2025. The decrease is partially offset by restructuring, severance, and related charges, related to targeted restructuring activities to optimize our cost structure and improve operational efficiencies, during the three months and six months ended February 28, 2026.
Read in the filing ↗
See Note 14 - “Restructuring, Severance and Related Charges” to the Condensed Consolidated Financial Statements for further discussion of restructuring, severance and related charges.
Read in the filing ↗ Also in 10-Q of Jan 9, 2026, 10-Q of Apr 8, 2026, 10-Q of Jun 30, 2026
The 2024 Restructuring Plan, totaling approximately $ 300 million in pre-tax restructuring and other related costs, was substantially complete as of August 31, 2024.
Read in the filing ↗ Also in 10-Q of Jun 30, 2025, 10-K of Oct 17, 2025, 10-K of Oct 17, 2025, 10-Q of Jan 9, 2026, 10-Q of Jan 9, 2026, 10-Q of Apr 8, 2026, 10-Q of Apr 8, 2026, 10-Q of Jun 30, 2026, 10-Q of Jun 30, 2026, 10-K of Oct 23, 2026, 10-K of Oct 23, 2026, 10-K of Oct 23, 2026
(1) Charges recorded during the three months ended November 30, 2024 and 2023, primarily related to the 2025 Restructuring Plan and 2024 Restructuring Plan, respectively.
Read in the filing ↗
On September 24, 2024, our Board of Directors approved a restructuring plan to align our support infrastructure to further optimize organizational effectiveness. This action includes headcount reductions across our Selling, General and Administrative (“SG&A”) and manufacturing cost base and capacity realignment (the “2025 Restructuring Plan”). The 2025 Restructuring Plan reflects our intention only and restructuring decisions, including the timing of such decisions, at certain locations remain subject to consultation with our employees and their representatives.
Read in the filing ↗ Also in 10-Q of Jun 30, 2025, 10-Q of Jan 9, 2026, 10-Q of Apr 8, 2026, 10-Q of Jun 30, 2026, 10-K of Oct 23, 2026
(1) Charges recorded during the fiscal year ended August 31, 2026, relate to the targeted restructuring activities to optimize the Company’s cost structure and improve operational efficiencies. Charges recorded during the fiscal years ended August 31, 2025 and 2024, primarily related to the 2025 Restructuring Plan and 2024 Restructuring Plan, respectively.
Read in the filing ↗
(1) Charges recorded during the three months and fiscal years ended August 31, 2025 and 2024, primarily related to the 2025 Restructuring Plan and 2024 Restructuring Plan, respectively.
Read in the filing ↗
On September 24, 2024, the Company’s Board of Directors approved a restructuring plan to align our support infrastructure to further optimize organizational effectiveness. This action includes headcount reductions across our Selling, General, and Administrative (“SG&A”) and manufacturing cost base and capacity realignment (the “2025 Restructuring Plan”). The 2025 Restructuring Plan reflects the Company’s intention only and restructuring decisions, and the timing of such decisions, at certain locations are still subject to consultation with the Company’s employees and their representatives.
Read in the filing ↗ Also in 10-K of Oct 17, 2025, 10-Q of Jan 9, 2026, 10-Q of Apr 8, 2026, 10-Q of Jun 30, 2026, 10-K of Oct 23, 2026
(1) Charges recorded during the three months and six months ended February 28, 2025 and February 29, 2024, primarily related to the 2025 Restructuring Plan and 2024 Restructuring Plan, respectively.
Read in the filing ↗
(1) Charges recorded during the three months and nine months ended May 31, 2025 and May 31, 2024, primarily related to the 2025 Restructuring Plan and 2024 Restructuring Plan, respectively.
Read in the filing ↗ Also in 10-Q of Jun 30, 2025, 10-Q of Jun 30, 2025
On September 24, 2024, the Board of Directors of Jabil Inc. (the “Company”) approved a restructuring plan to align our support infrastructure to further optimize organizational effectiveness. This action includes headcount reductions across our Selling, General and Administrative and manufacturing cost base and capacity realignment (the “2025 Restructuring Plan”). The 2025 Restructuring Plan reflects the Company’s intention only and restructuring decisions, and the timing of such decisions, at certain locations are still subject to consultation with the Company’s employees and their representatives.
Read in the filing ↗
(1) Charges recorded during the three months ended November 30, 2025, relate to targeted restructuring activities to optimize our cost structure and improve operational efficiencies. Charges recorded during the three months ended November 30, 2024, primarily related to the 2025 Restructuring Plan.
Read in the filing ↗ Also in 10-Q of Jan 9, 2026, 10-Q of Jan 9, 2026
(1) Charges recorded during the fiscal year ended August 31, 2026, relate to targeted restructuring activities to optimize our cost structure and improve operational efficiencies. Charges recorded during the fiscal year ended August 31, 2025, primarily related to the 2025 Restructuring Plan.
Read in the filing ↗
Restructurings could adversely affect us, including a decrease in employee morale, delays encountered in finalizing the scope of, and implementing, the restructurings, failure to achieve targeted cost savings, and failure to meet operational targets and customer requirements due to the restructuring process. These risks are further complicated by our extensive international operations, which subject us to different legal and regulatory requirements that govern the extent and speed of our ability to reduce our manufacturing capacity and workforce.
Read in the filing ↗ Also in 10-K of Oct 23, 2026
(1) Charges recorded during the fiscal year ended August 31, 2025 and 2024, primarily related to the 2025 Restructuring Plan and 2024 Restructuring Plan, respectively. Charges recorded during the fiscal year ended August 31, 2023, related to headcount reduction to further optimize our business activities.
Read in the filing ↗ Also in 10-K of Oct 17, 2025
(1) Charges recorded during the three months and six months ended February 28, 2026, relate to targeted restructuring activities to optimize our cost structure and improve operational efficiencies. Charges recorded during the three months and six months ended February 28, 2025, primarily related to the 2025 Restructuring Plan.
Read in the filing ↗ Also in 10-Q of Apr 8, 2026, 10-Q of Apr 8, 2026
(1) Charges recorded during the three months and nine months ended May 31, 2026, relate to targeted restructuring activities to optimize our cost structure and improve operational efficiencies. Charges recorded during the three months and nine months ended May 31, 2025, primarily related to the 2025 Restructuring Plan.
Read in the filing ↗ Also in 10-Q of Jun 30, 2026, 10-Q of Jun 30, 2026
(1) Charges recorded during the three months and fiscal year ended August 31, 2026, relate to targeted restructuring activities to optimize our cost structure and improve operational efficiencies. Charges recorded during the three months and fiscal year ended August 31, 2025, primarily related to the 2025 Restructuring Plan.
Read in the filing ↗
Following is a summary of the Company’s restructuring, severance, and related charges (in millions):
Read in the filing ↗ Also in 10-K of Oct 17, 2025
On September 26, 2023, our Board of Directors approved a restructuring plan to (i) realign our cost base for stranded costs associated with the sale and realignment of the Mobility Business and (ii) optimize our global footprint. This action includes headcount reductions across our SG&A cost base and capacity realignment (the “2024 Restructuring Plan”).
Read in the filing ↗ Also in 10-K of Oct 17, 2025
(3) Except for asset write-off costs, all restructuring, severance and related charges are cash costs.
Read in the filing ↗ Also in 10-K of Oct 17, 2025, 10-Q of Jan 9, 2026, 10-Q of Apr 8, 2026, 10-Q of Jun 30, 2026, 10-K of Oct 23, 2026
The following is a summary of the Company’s restructuring, severance, and related charges (in millions):
Read in the filing ↗ Also in 10-Q of Apr 8, 2026, 10-Q of Jun 30, 2026, 10-K of Oct 23, 2026
(1) Primarily related to targeted restructuring activities to optimize our cost structure and improve operational efficiencies.
Read in the filing ↗ Also in 10-Q of Apr 8, 2026, 10-Q of Jun 30, 2026
See Note 14 - “Restructuring, Severance and Related Charges” to the Consolidated Financial Statements for additional information.
Read in the filing ↗
(1) Primarily relates to targeted restructuring activities to optimize our cost structure and improve operational efficiencies.
Read in the filing ↗
(1) Charges recorded during the three months ended November 30, 2023, related to the 2024 Restructuring Plan.
Read in the filing ↗
The following table presents the Company’s restructuring, severance, and related charges disaggregated by segment (in millions):
Read in the filing ↗ Also in 10-K of Oct 17, 2025, 10-Q of Jan 9, 2026, 10-Q of Apr 8, 2026, 10-Q of Jun 30, 2026, 10-K of Oct 23, 2026
The table below summarizes the Company’s liability activity, primarily associated with the 2025 Restructuring Plan (in millions):
Read in the filing ↗ Also in 10-Q of Jun 30, 2025, 10-K of Oct 17, 2025, 10-K of Oct 17, 2025
On September 26, 2023, the Company’s Board of Directors approved a restructuring plan to (i) realign the Company’s cost base for stranded costs associated with the Company’s sale and realignment of the Mobility Business and (ii) optimize the Company’s global footprint. This action includes headcount reductions across our SG&A cost base and capacity realignment (the “2024 Restructuring Plan”).
Read in the filing ↗ Also in 10-K of Oct 17, 2025, 10-K of Oct 23, 2026
Charges recorded during the three months and six months ended February (1) 29, 2024, related to the 2024 Restructuring Plan.
Read in the filing ↗
Charges recorded during the three months and nine months ended May 31, (1) 2024, related to the 2024 Restructuring Plan.
Read in the filing ↗
Charges recorded during the three months and fiscal year ended August (1) 31, 2024, related to the 2024 Restructuring Plan.
Read in the filing ↗
We expect to recognize approximately $200 million in pre-tax restructuring and other related costs related to the 2025 Restructuring Plan. The restructuring and other related charges are expected to include $60 million to $70 million of employee severance and benefit costs; $65 million to $70 million of asset write-off costs; and $55 million to $65 million of contract termination costs and other related costs. The amount and timing of the actual charges may vary due to a variety of factors, including the finalization of timetables for the transition of functions, consultation with employees and their representatives, as well as the impact of jurisdictional statutory severance requirements. Our estimates for the charges discussed above exclude any potential income tax effects.
Read in the filing ↗
The Company expects to recognize approximately $ 200 million in pre-tax restructuring and other related costs related to the 2025 Restructuring Plan. The restructuring and other related charges are expected to include $ 60 million to $ 70 million of employee severance and benefit costs; $ 65 million to $ 70 million of asset write-off costs; and $ 55 million to $ 65 million of contract termination costs and other related costs. The amount and timing of the actual charges may vary due to a variety of factors, including the finalization of timetables for the transition of functions, consultation with employees and their representatives, as well as the impact of jurisdictional statutory severance requirements. The Company’s estimates for the charges discussed above exclude any potential income tax effects.
Read in the filing ↗
In recent years, we have undertaken initiatives to restructure our business operations with the intention of improving utilization and realizing cost savings. These initiatives have included changing the number and location of our production facilities, largely to align our capacity and infrastructure with current and anticipated customer demand. The process of restructuring entails, among other activities, moving production between facilities, transferring programs from higher cost geographies to lower cost geographies, closing facilities, reducing the level of staff, realigning our business processes, and reorganizing our management.
Read in the filing ↗ Also in 10-K of Oct 23, 2026
(Definitions: “U.S. GAAP” means U.S. generally accepted accounting principles. Jabil defines core operating income as U.S. GAAP operating income less amortization of intangibles, stock-based compensation expense and related charges, restructuring,
Read in the filing ↗