Origin Materials, Inc. reported 2 exit or restructuring plans on Form 8-K under Item 2.05. Each fact below is the filing's own sentence, quoted and linked. No WARN notice under this company's name is on file in the states covered here.
SEC filings: exit or restructuring (Item 2.05)
Origin Materials, Inc. (CIK 1802457) reported 2 exit or restructuring plans to the SEC on Form 8-K under Item 2.05. The sentences below are quoted from the filings as written.
Form 8-K filed 2026-05-01
Expected charges
To reduce costs and support the planned sale and wind down, Origin is reducing its workforce by approximately 59%, resulting in an approximately $14.0 million decrease in annual operating expenses.
Timing
In connection with the Plan of Dissolution, the Board also approved a reduction-in-force, which Origin implemented on May 1, 2026 to enable Origin to maximize shareholder value through the orderly sale of its technology and assets followed by dissolution and wind down.
Form 8-K filed 2026-02-12
Share of workforce
The reorganization will also result in a reduction of approximately 32% of the Company's global workforce, which the Company anticipates completing in the first quarter of 2026, subject to compliance with statutory notice periods, where applicable.
Expected charges
The reorganization will result in an approximately $11.0 million reduction in the company's annual operating expenses by reducing headcount, ceasing further investments in its furanics platform, narrowing PET closure format development initiatives in 2026 by deferring non-beverage format development to 2027, and limiting CapFormer line build-out in 2026 to the six lines already procured and scheduled to be installed by year end.
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Public companies must also report to the SEC, on Form 8-K under Item 2.05, when they commit to an exit or restructuring plan that will cost them material charges, which is how most large layoffs and closures by listed companies are disclosed. Those filings are national, so they cover companies in every state. Each sentence shown from one is quoted exactly and linked to the filing; where a filing does not state a figure, none is shown.
Where this comes from
Employers covered by the federal WARN Act, and by the stricter laws some states add, must give written notice before a mass layoff or a site closure. The state labor department publishes those notices. Every row here is one of them, taken from that state's own published file and linked to it, so each figure can be checked at the source.
A notice states the employer, the location, the number of employees affected, and when the layoff or closure takes effect. It does not state a reason, and neither does this page. Where a company also appears in SEC filings under the same name and in the same state, its recorded fundraising is shown alongside, as a matter of record rather than as an explanation. New Jersey publishes the month a notice was posted, not the day, so New Jersey notices show a month.
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