AEP Industries layoffs, on the record
Every job cut, severance charge and restructuring AEP Industries reported in its annual reports, 2014 to 2016, quoted from the filings. Headcount went from approximately 2,500 to approximately 2,600.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2014 | approximately 2,500 | October 31, 2014 |
| 10-K for 2015 | approximately 2,600 | October 31, 2015 |
| 10-K for 2016 | approximately 2,600 | October 31, 2016 |
Job cuts, severance and restructuring
Our summarySeverance costs were recorded in fiscal 2013 for operations related to the Webster acquisition.
Word for word“$0.8 million in severance costs associated with our Webster operations.” 10-K for 2014
Our summaryOperating expenses fell in fiscal 2014 partly because salaries and severance linked to the Webster Industries acquisition decreased.
Word for word“a decrease of $1.2 million related to salaries and severance associated with the Webster Industries acquisition” 10-K for 2014
AEP Industries 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 AEP Industries’s annual reports (10-K for 2016, 10-K for 2015, 10-K for 2014) and the financial data it files with the SEC, as of 2017-01-17. 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.