Discontinued — last reported Q4 '22
Business Segments · Severance costs
Corporate and Other — Severance costs
International Flavors & Fragrances Corporate and Other — Severance costs remained flat by 0.0% to -$2.75M in Q4 2022 compared to the prior quarter. Year-over-year, this metric grew by 62.1%, from -$7.25M to -$2.75M. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityVolatile
First reportedQ1 2018
Last reportedQ4 2022Feb 27, 2023
Rolls up toRestructuring Charges
How to read this metric
High levels indicate significant workforce downsizing or restructuring, which may signal future cost savings or operational distress.
Detailed definition
These are costs associated with employee termination benefits, including severance pay and related administrative expens...
Peer comparison
Often grouped within 'Restructuring' or 'Personnel-related charges' by peer companies.
Metric ID:
iff_segment_corporate_and_other_severance_costsHistorical Data
2 years
| FY'21 | FY'22 | |
|---|---|---|
| Value | -$29.00M | -$11.00M |
| YoY Change | — | +62.1% |
Range-$29.00M – -$11.00M
Avg YoY Growth+62.1%
Median YoY Growth+62.1%
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Frequently Asked Questions
- What is International Flavors & Fragrances's corporate and other — severance costs?
- International Flavors & Fragrances (IFF) reported corporate and other — severance costs of -$2.75M in Q4 2022.
- How has International Flavors & Fragrances's corporate and other — severance costs changed year-over-year?
- International Flavors & Fragrances's corporate and other — severance costs increased by 62.1% year-over-year, from -$7.25M to -$2.75M.
- What does corporate and other — severance costs mean?
- Costs paid to employees as part of termination or workforce reduction programs.