Stratrix
On the Record · AdvancePierre Foods Holdings

AdvancePierre Foods Holdings layoffs, on the record

Every job cut, severance charge and restructuring AdvancePierre Foods Holdings reported in its annual reports, 2016, quoted from the filings.

Headcount, as reported

Annual reportEmployeesAs of
10-K for 2016approximately 4,500December 31, 2016

Job cuts, severance and restructuring

  1. Our summaryThe company undertook programs in 2013 to improve commercial effectiveness and cut operating costs, including staffing reductions and some facility closures, with costs continuing into later years.

    Word for word“• The implementation of staffing reductions and certain facility closures in its manufacturing, logistics and commercial operations.” 10-K for 2016

  2. Our summaryThe company integrated Landshire and Better Bakery and incurred restructuring costs, including facility closing costs and related severance. Fiscal 2015 · Cost: $1,887

    Word for word“In connection with the integration of Landshire and Better Bakery in Fiscal 2015, the Company incurred expenses of $1,887, of which, $927 related primarily to the reconfiguration of production lines and associated ramp up inefficiencies, and was charged to gross profit.” 10-K for 2016

  3. Our summaryRestructuring expenses in 2016 were minimal because the earlier programs were substantially complete in 2015. Fiscal 2016

    Word for word“Expenses related to such initiatives were minimal in Fiscal 2016 as they were substantially complete during Fiscal 2015.” 10-K for 2016
As filedReported in the company's financial data (XBRL), each linked to its filing
Fiscal year endedCash paid for restructuring
2016-12-31$616,000

AdvancePierre Foods Holdings 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 AdvancePierre Foods Holdings’s annual reports (10-K for 2016) and the financial data it files with the SEC, as of 2017-03-09. 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.