Laid off from Genuine Parts.

At Genuine Parts the changes since 2024 have reached both jobs and pensions. A restructuring covered certain distribution centers, stores and other facilities and was still consolidating facilities in 2026, and the company separately closed out its U.S. pension, handing what it still owed participants to an insurer.

What we know about Genuine Parts severance and layoffs

  • $710 million to $735 million in restructuring costs expected for 2024 through 2026
  • About $45 million to $90 million in annualized savings expected from the 2024 restructuring
  • 69 Rockford, Illinois distribution center jobs on GPC's September 2024 closing notice

The most recent Genuine Parts layoff we've found

Restructuring costs reached $71.1 million in Q2 2026 on the income statement in Genuine Parts’ 10-Q, up from $45.7 million a year earlier. In September 2026 the company named board member Court Carruthers CEO-elect of its automotive business and Will Stengel the planned chairman and CEO of Motion, its industrial business, both to take those roles once the separation is complete, in a company release that Repairer Driven News reported.

What Genuine Parts layoffs have meant for employees

If your job at NAPA, Motion or Genuine Parts’ Atlanta headquarters is ending or might be, the employer across the table has been restructuring since February 2024 and has announced a plan to split in two. When Genuine Parts Company (GPC) announced the restructuring, the company expected $100 million to $200 million of costs in 2024. It booked $221 million that year and $254 million in 2025, and its 2025 annual report said it was widening the program, with another $235 million to $260 million expected in 2026 and $710 million to $735 million across 2024 through 2026.

The 2026 costs come with the least detail. Across the first half, $23.5 million went to severance and other employee costs and $105.4 million to a category covering professional fees, accelerated rent, facility closures, moving and asset impairments, and inventory was liquidated rather than moved as facilities consolidated. That category’s share of the total in each year’s filed restructuring table has grown, from a little over half in 2024 to about four-fifths in 2025, so in the program’s later stretch far more was booked for fees, rent, closures, moves and impairments than for severance and other employee costs.

Our WARN tracker counts 7 Genuine Parts filings all-time, with 0 filings covering 0 jobs since the start of 2025. Severance money shows up in the 2026 quarterly filings all the same, so if a closure reaches your site, a written answer from HR on whether a WARN notice went to your state and, if one did, what separation date it lists is worth having.

On the pension side, if you had a benefit in GPC’s U.S. qualified pension plan and didn’t take a lump sum, the insurer that took on the plan’s remaining obligations holds it. If your plan ended in what PBGC calls a standard termination, PBGC says you’d get a Notice of Plan Benefits stating your amount and form of payment, a Notice of Annuity Information naming the insurer and your state guaranty association’s coverage if the insurer wasn’t named in the earlier notice of intent to terminate, and a Notice of Annuity Contract no later than 30 days after the contract is available, and that its guarantee ends once plan assets are distributed. If that termination finished and you think you were missed, PBGC’s unclaimed pensions page is where to look. The settlements were paid out of the plan’s own assets with no added cash from GPC, and the company says the surplus left over will fund certain contributions to its U.S. defined contribution plan, which it calls a Qualified Replacement Plan, and any remaining pension expenses. If you’re in that plan, some of the company’s contributions to it are set to come from the old pension. If your pension is with one of GPC’s plans for eligible employees in Canada or Europe, or with a supplemental retirement plan in the U.S. or Canada, it isn’t the plan that ended, and the 2025 annual report still describes those plans.

If you have separation paperwork, the split is the last thing to hold it against. GPC announced on February 17, 2026 that it intends to separate into Global Automotive, its North America and International Automotive segments, and Global Industrial, its Industrial segment. That same month, CEO Will Stengel told investors, according to CIO Dive, that a select number of IT, sourcing and back-office support functions would be managed and transitioned. If your job sits in one of those functions, or your separation date falls near the split, which company is responsible for any severance agreement, retirement account and benefits that apply to you once the separation takes effect is worth getting in writing, and if you have separation papers, worth keeping with them.

A sourced history of Genuine Parts layoffs

  • September 2024, Genuine Parts Rockford, Illinois distribution center closing

    GPC told Illinois, according to FreightWaves and our WARN tracker, that it was closing a Rockford distribution center and laying off 69 employees.

  • February 2024, Genuine Parts global restructuring begins

    GPC began a global restructuring that included a voluntary retirement offer in the U.S. and a rationalization and optimization of certain distribution centers, stores and other facilities, its February 15, 2024 release said, and expected about $20 million to $40 million of savings that year.

What to do if you're laid off from Genuine Parts

Genuine Parts layoff and severance questions

Is Genuine Parts laying off workers in 2026?

GPC’s filings show restructuring costs without a job count or a named site, $71.1 million from April through June 2026 and $129 million for the first half, $23.5 million of it severance and other employee costs. Its 2025 annual report expected $235 million to $260 million of restructuring costs in 2026.

What happened to the Genuine Parts pension plan?

GPC’s board approved ending the U.S. qualified pension plan on April 29, 2024, effective September 30, 2024. Some participants took lump sums in October 2025, and on December 19, 2025 GPC moved the remaining obligations to an insurance company under a group annuity contract, leaving it with no obligations under that plan. If you were in the plan and it ended in what PBGC calls a standard termination, PBGC’s rules call for a notice stating your benefit and, where the insurer wasn’t named earlier, one identifying it.

Does Genuine Parts pay severance to laid-off employees?

GPC reports only company-wide totals of severance and other employee costs, $90.9 million in 2024, $54.5 million in 2025 and $23.5 million in the first half of 2026, with $17.5 million still accrued at June 30, 2026. The 2024 program’s U.S. voluntary retirement offer has no terms on record.

When will Genuine Parts split NAPA and Motion?

GPC targets the first quarter of 2027 and says there’s no assurance the separation happens, or on what terms or timing. The plan, as CIO Dive described it, splits the NAPA-led automotive division from the industrial division built around Motion Industries. In September 2026 GPC said, in a release Repairer Driven News reported, that the automotive business will keep the Genuine Parts Co. name and the industrial business will operate as Motion, with Will Stengel set to become Motion’s chairman and CEO.

Why did Genuine Parts close its Rockford, Illinois distribution center?

GPC told Illinois in a filing, quoted by FreightWaves, that the closure was a result of a strategic acquisition. Its notice, dated September 24, 2024, listed 69 jobs, and the company said the closure would be phased over five months with the layoffs completed by Feb. 28. It’s the newest Genuine Parts notice in our tracker.