Cost-cutting, layoffs, and restructuring announcements at S&P 500 companies from SEC 8-K filings.
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Nike will take $300 million in pre-tax charges for organizational changes and employee severance as the sportswear giant seeks to cut costs and reignite growth.
Viatris announces major restructuring following strategic review, targeting $600-700M in annual savings through workforce reduction and operational optimization over three years.
Consumer health giant Kenvue announced a major restructuring targeting supply chain transformation and operational efficiencies, with $250M in charges expected in 2026.
Ecolab announced an expansion of its One Ecolab initiative with $334 million in restructuring costs through 2027, focusing on digital transformation and global operational centers.