EnerSys announced on July 22, 2025, a workforce reduction affecting approximately 575 employees, representing 11% of its non-production global workforce. This action is part of a strategic restructuring plan under the company’s new leadership, primarily focused on corporate and management positions.
The company expects these changes, combined with other non-headcount-related actions, to result in approximately $80 million in annualized savings beginning in fiscal year 2026. This estimate includes about $70 million in savings from operating expenses and an estimated $10 million reduction in cost of goods sold.
EnerSys anticipates realizing approximately $30 million to $35 million of these savings in fiscal year 2026, with material benefits commencing in the third fiscal quarter. The company expects to incur one-time charges related to the restructuring in the range of $15 million to $20 million, primarily for severance and other related costs.
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