APTV · 10-Q · 2026Q2 · Full report

Headcount / Restructuring

Aptiv PLC · 2026-08-04 · Importance 46 · Surprise 42 · Matches filing data

Aptiv recorded employee-related and other restructuring charges of approximately $24 million in the second quarter and $40 million in the first six months of 2026. The company expects approximately $45 million of restructuring cash payments during the next twelve months and has approved approximately $15 million of additional programs as of June 30, 2026. These programs focus on reducing global overhead, rotating manufacturing capacity to best-cost locations in Europe and aligning capacity with regional automotive production, with approximately $10 million assigned to Engineered Components and $5 million to Intelligent Systems.

Key facts

• The Company expects to make cash payments of approximately $45 million over the next twelve months pursuant to currently implemented restructuring programs. source
• Aptiv expects to incur additional restructuring expense in 2026 and beyond, including approximately $15 million for programs approved as of June 30, 2026 (approximately $10 million relates to the Engineered Components segment and approximately $5 million relates to the Intelligent Systems segment). source
• Restructuring charges recorded during the six months ended June 30, 2026: approximately $40 million. source
• Restructuring charges recorded during the three months ended June 30, 2026: approximately $24 million. source
• During the three and six months ended June 30, 2025, Aptiv recorded restructuring charges of approximately $27 million and $49 million, respectively. source
• The 2024 program included recognition of approximately $12 million and $15 million in the three and six months ended June 30, 2025, respectively. source

Impact estimates