TEL · 10-K · 2026A · Full report
Manufacturing Footprint Optimization
TE Connectivity plc · 2026-11-09 · Importance 10 · Surprise 6 · In source text
TE Connectivity evaluates changes to its global manufacturing footprint, including facility simplification and migration to lower-cost regions. The company also seeks to reduce fixed costs and eliminate excess capacity. These actions are intended to preserve industry competitiveness, improve operating leverage, and position the business for future growth.
Key facts
- TE Connectivity plc expects approximately $80 million in total restructuring charges and approximately $100 million in total restructuring spending in fiscal 2027; spending will be funded with cash from operations. source
- Annualized cost savings from restructuring actions initiated by TE Connectivity plc in fiscal 2026 are expected to be approximately $65 million and fully realized by the end of fiscal 2029. source
- TE Connectivity plc incurred net restructuring charges of $110 million in fiscal 2026 and $113 million in fiscal 2025. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| operating_income | negative | committed | -0.3% | TE Connectivity plc expects approximately $80 million in total restructuring charges and approximately $100 million in total restructuring… |
| cash | negative | committed | -0.3% | TE Connectivity plc expects approximately $80 million in total restructuring charges and approximately $100 million in total restructuring… |
| operating_income | positive | committed | +0.3% | Annualized cost savings from restructuring actions initiated by TE Connectivity plc in fiscal 2026 are expected to be approximately $65… |