Armstrong Flooring layoffs, on the record
Every job cut, severance charge and restructuring Armstrong Flooring reported in its annual reports, 2019 to 2021, quoted from the filings. Headcount went from approximately 1,600 to 1,568.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2019 | approximately 1,600 | December 31, 2019 |
| 10-K for 2020 | 1,552 | December 31, 2020 |
| 10-K for 2021 | 1,568 | December 31, 2021 |
Job cuts, severance and restructuring
Our summaryFormer President and CEO separation costs were recorded as severance and related expenses in SG&A.
Word for word“In the second quarter of 2019, we recorded $ 2.9 million in SG&A expenses for severance and related expenses to reflect the separation costs for our former President and Chief Executive Officer.” 10-K for 2019
Our summaryCost optimization plan eliminating shared costs after the divestiture of the North American wood flooring business, with approximately 45 positions eliminated.
Word for word“We eliminated approximately 45 positions, and the impacted employees received severance benefits.” 10-K for 2019
Our summaryResidential go-to-market reorganization that eliminated approximately 70 positions with severance benefits.
Word for word“As a result of the reorganization, approximately 70 positions were eliminated, and the impacted employees received severance benefits.” 10-K for 2019
Our summaryReorganization of retailer and contractor support structure that eliminated approximately 40 positions with severance benefits.
Word for word“As a result of this reorganization, approximately 40 positions were eliminated, and the impacted employees received severance benefits.” 10-K for 2019
Our summaryRecognized charges related to long-lived assets, including spare parts write-off and contract termination fees, in connection with a facility closure.
Word for word“In connection with this closure, we recognized charges of approximately $6 million, during the fourth quarter of 2020, related to long-lived assets, including the write-off of related spare parts and anticipated contract termination fees.” 10-K for 2020
Our summaryAnticipates future cash expenditures for previously accrued severance and employee termination costs.
Word for word“In addition, the Company anticipates future cash expenditures related to previously accrued severance and employee termination costs of less than $1 million.” 10-K for 2020
| Fiscal year ended | Cash paid for restructuring | Positions eliminated |
|---|---|---|
| 2017-12-31 | $4.2 million | 40 |
Armstrong Flooring filed 4 restructuring notices (Form 8-K, Item 2.05) since 2016. This page shows what the company reported to the SEC, not news reports or state layoff notices.
Read from Armstrong Flooring’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 2022-03-09. 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.