Andeavor Logistics layoffs, on the record
Every job cut, severance charge and restructuring Andeavor Logistics reported in its annual reports, 2016 to 2018, quoted from the filings. Headcount went from 1,088 to over 2,100.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2016 | 1,088 | December 31, 2016 |
| 10-K for 2017 | over 1,900 | December 31, 2017 |
| 10-K for 2018 | over 2,100 | December 31, 2018 |
Job cuts, severance and restructuring
Our summaryIn connection with the WNRL Merger, the company recognized severance costs.
Word for word“We recognized acquisition costs related to the WNRL Merger of $17 million in general and administrative expenses for the year ended December 31, 2017 .” 10-K for 2017
Our summaryThe company recognized severance costs tied to the WNRL Merger in 2017, along with acquisition costs.
Word for word“We recognized acquisition costs related to the WNRL Merger of $17 million as well as $3 million of severance costs for the year ended December 31, 2017 .” 10-K for 2018
Andeavor Logistics 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 Andeavor Logistics’s annual reports (10-K for 2018, 10-K for 2017, 10-K for 2016) and the financial data it files with the SEC, as of 2019-02-28. 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.