IFF · 8-K · 20260804PR000028

Headcount and Restructuring

INTERNATIONAL FLAVORS & FRAGRANCES INC · 2026-08-04 · Importance 59 · Surprise 82

Second-quarter restructuring and other charges were $6 million, down 70% from $20 million, and first-half charges were $10 million, down 71% from $35 million. The charges primarily represent severance under the IFF Productivity Program. Strategic initiative costs were $18 million in the first half, including the reorganization of Global Business Services Centers and expanded work across customer service, supply chain, logistics, human resources, accounting, and finance. The program also includes process automation and artificial-intelligence deployment, with $2 million of entity realignment costs recorded in the first half.

Key facts

• Restructuring and Other Charges for Q2 2026: $(20) million. source
• For the three months ended June 30, 2026, restructuring and other charges were $6 million and the related note indicates these represent costs related to severance as part of the IFF Productivity Program. source
• Entity Realignment Costs for Q2 2026: $(1) million. source