Laid off from Genuine Parts.

GPC’s filings show restructuring spending without a job count, $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. Our tracker holds 0 filings covering 0 jobs since the start of 2025. The restructuring note names no sites.

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. The filing doesn’t name the insurer. If the plan 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, so check the papers you received.

The rounds on this page carry no terms on record. 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 either, and totals like these set no amount for any one person.

GPC targets the first quarter of 2027 and says there’s no assurance the separation happens, or on what terms or timing. The plan splits the NAPA-led automotive division from the industrial division built around Motion Industries. In September 2026 GPC said 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.

GPC told Illinois 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.

In the state where you worked, not where the company is headquartered. Genuine Parts's biggest U.S. hubs are Illinois, Georgia. Severance usually doesn't block you from filing, and benefits run from your filing date, so file the same week.

Yes. Unemployment insurance is funded by payroll taxes employers pay on wages, the claim never appears on credit reports or background checks, and future employers cannot see it. If the hesitation itself is the obstacle, whether filing is OK has its own article.

Your plan sets the end date rather than the law, so the separation packet is where that date actually lives, and it is often the last day of the month rather than your last day of work. After coverage ends, COBRA lets you keep the identical plan by paying the whole premium yourself, up to 102 percent of what the plan really costs, which lands as several times the payroll deduction you were used to. You get 60 days to elect, counted from the later of coverage ending or the election notice arriving, and electing reaches the coverage back to the day the old plan stopped so no gap exists. How continuation coverage works walks the timing, and whether to take it rather than a marketplace plan is a separate decision.

First pin down how much review time you actually have. If you're 40 or older, federal law gives you 21 days to consider an agreement that waives age claims, 45 in a group layoff, and a waiver signed under a shorter deadline can be invalid. If you're under 40, no federal window applies and the deadline in your packet may be real, so confirm it in writing and ask for more time if you need it. Use whatever window you have to read the release terms, especially non-disparagement and no-lawsuit clauses, and don't stall past a real deadline, because offers can be withdrawn.

Usually yes, though some states delay benefits until severance pay periods end, and lump sums are treated differently than salary continuation. Check your state's rules on our state benefit pages, and file immediately either way so your claim date is locked in.