European Investor
20 Jun 2025, 13:53
Jabil Estimates $200 Million in Costs for 2025 Restructuring Plan
Jabil Inc. has updated its earlier restructuring disclosure, now estimating approximately $200 million in pre-tax costs tied to its 2025 Restructuring Plan. The plan, approved in September 2024, includes global workforce reductions and capacity realignment aimed at improving organizational efficiency.
Expected charges include $60–70 million for severance and benefits, $65–70 million in asset write-offs, and $55–65 million for contract terminations and related costs. These costs are anticipated to be incurred over fiscal year 2025. Jabil noted that the timing and amounts may vary depending on transition logistics and regional regulations.
Jabil Inc. has updated its earlier restructuring disclosure, now estimating approximately $200 million in pre-tax costs tied to its 2025 Restructuring Plan. The plan, approved in September 2024, includes global workforce reductions and capacity realignment aimed at improving organizational efficiency.
Expected charges include $60–70 million for severance and benefits, $65–70 million in asset write-offs, and $55–65 million for contract terminations and related costs. These costs are anticipated to be incurred over fiscal year 2025. Jabil noted that the timing and amounts may vary depending on transition logistics and regional regulations.