58.com layoffs, on the record
Every job cut, severance charge and restructuring 58.com reported in its annual reports, 2017 to 2019, quoted from the filings.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 20-F for 2017 | 14,646 | December 31, 2017 |
| 20-F for 2018 | 14,702 employees | December 31, 2018 |
| 20-F for 2019 | approximately 13,561 employees | As of December 31, 2019 |
Job cuts, severance and restructuring
None of 58.com’s annual reports for 2017 to 2019 describes a layoff, workforce reduction or restructuring.
58.com has filed no restructuring notice (Form 8-K, Item 2.05) since 2016. Companies file one only for a cut they judge material, so many announced layoffs never appear as one. This page shows what the company reported to the SEC, not news reports or state layoff notices.
Read from 58.com’s annual reports (20-F for 2019, 20-F for 2018, 20-F for 2017) and the financial data it files with the SEC, as of 2020-04-29. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.