ZTS · 10-Q · 2026Q3 · Full report

Headcount / Restructuring

Zoetis Inc. · 2026-11-05 · Importance 40 · Surprise 42

Restructuring charges and certain acquisition- and divestiture-related costs in the first nine months of 2026 primarily reflected employee termination costs under a comprehensive cost and productivity program and additional organizational-structure refinements. The 2026 charges also included impairment charges related to exits of certain sites. In the comparable 2025 periods, charges primarily related to shifting certain products from internal to external innovation and manufacturing and closing a related site.

Key facts

• Zoetis’ 2026 restructuring and certain acquisition/divestiture-related charges primarily reflected employee termination costs and asset impairments under a comprehensive cost and productivity program; the nine-month period also included termination costs from additional organizational structure refinements. source
• Zoetis reported employee termination costs under a comprehensive cost and productivity program as a primary reason accrued expenses increased. source