Sign In
Upcoming Event
Free Newsletter
EnerSys headquarters
EnerSys to lay off 575 in corporate restructuring plan
Stacy Wescoe//July 23, 2025//
Reading-based EnerSys announced Wednesday that it plans to lay off approximately 575 employees, or 11% of its workforce.
The battery makers said that the layoffs are primarily focused on corporate and management positions.
It called the action part of a strategic restructuring plan under the company’s new leadership, which it hopes will better align resources with current business priorities and long-term objectives.
“Today’s actions, while difficult, are necessary for EnerSys to remain competitive in our markets,” said Shawn O’Connell, president and CEO of EnerSys. “We’ve spent the past six months listening, evaluating, and testing how we can best serve our customers, deliver stronger returns, and build a more agile organization.”
The company said it expects the layoffs to be mostly complete by the end of the second quarter of fiscal 2026, subject to local law requirements.
Combined with other non-staffing-related actions, these changes are expected to result in approximately $80 million in annualized savings beginning in fiscal year 2026.
This estimate is comprised of approximately $70 million in savings, representing a reduction of over 10% of the company’s fiscal 2025 operating expenses as well as an estimated $10 million reduction in cost of goods sold.
The company expects to realize approximately $30 million to $35 million of savings in fiscal year 2026.
In a press release, EnerySys said the layoffs are part of a broader strategic plan that will be discussed during the company’s regularly scheduled fiscal first quarter 2026 earnings report, which is scheduled to be published Aug. 6.
