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On the Record · Alleghany

Alleghany layoffs, on the record

Every job cut, severance charge and restructuring Alleghany reported in its annual reports, 2019 to 2021, quoted from the filings. Headcount went from 10,786 to 13,313.

Headcount, as reported

Annual reportEmployeesAs of
10-K for 201910,786December 31, 2019
10-K for 202010,407December 31, 2020
10-K for 202113,313December 31, 2021

Job cuts, severance and restructuring

  1. Our summaryAlleghany reduced staffing at Concord in response to the pandemic, which drove most of the decline in its employee count, partly offset by the Wilbert acquisition. as of December 31, 2020

    Word for word“The decrease in our employees as of December 31, 2020 relates primarily to the Pandemic-driven reductions in staffing at Concord, partially offset by the impact of the acquisition of Wilbert, as noted previously.” 10-K for 2020

Alleghany 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 Alleghany’s annual reports (10-K for 2021, 10-K for 2020, 10-K for 2019) and the financial data it files with the SEC, as of 2022-02-23. 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.