Stratrix
On the Record · Agiliti, Inc. \de

Agiliti, Inc. \de layoffs, on the record

Every job cut, severance charge and restructuring Agiliti, Inc. \de reported in its annual reports, 2021 to 2023, quoted from the filings. Headcount went from more than 5,000 to more than 5,800.

Headcount, as reported

Annual reportEmployeesAs of
10-K for 2021more than 5,000December 31, 2021
10-K for 2022more than 5,500December 31, 2022
10-K for 2023more than 5,800December 31, 2023

Job cuts, severance and restructuring

  1. Our summaryThe company recorded severance charges for a reduction in workforce, together with a charge for the change in Chief Executive Officers, which raised selling, general and administrative expense. Cost: $5.7 million

    Word for word“The increase in total expenses was driven by severance charges related to a reduction in workforce and a charge related to the change in Chief Executive Officers totaling $5.7 million, partially offset by a reduction in acquisition costs.” 10-K for 2023

  2. Our summaryThe company counted a severance charge for the CEO transition and charges for a reduction in workforce as non-recurring management and other expenses in its Adjusted EBITDA reconciliation.

    Word for word“(2) Management and other expenses represent non-recurring expenses, including a severance charge related to the Chief Executive Officer transition and charges related to a reduction in workforce.” 10-K for 2023

Agiliti, Inc. \de 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 Agiliti, Inc. \de’s annual reports (10-K for 2023, 10-K for 2022, 10-K for 2021) and the financial data it files with the SEC, as of 2024-03-06. 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.