Arriver Holdco layoffs, on the record
Every job cut, severance charge and restructuring Arriver Holdco reported in its annual reports, 2019 to 2021, quoted from the filings.
Job cuts, severance and restructuring
Our summaryThe company says that restructuring activities in 2020 and the establishment of Arriver led it to consider changes to its operating structure.
Word for word“As a consequence of the restructuring activities in 2020 and the establishment of Arriver TM , Veoneer is considering changes to its operating structure to further focus on our product offering, effective cost management, and overall operational excellence.” 10-K for 2020
Our summaryVeoneer announced restructuring activities in 2021 affecting certain engineering and administrative functions to align resources with its core product technologies and customers.
Word for word“During 2021, the Company announced certain restructuring activities impacting certain engineering and administrative functions to further align the Company's resources with its core product technologies and customers.” 10-K for 2021
Our summaryVeoneer recorded $6 million of restructuring expenses in 2021, reported in Other (expense)/income, net.
Word for word“During the year ended December 31, 2021, the Company recorded restructuring expenses of $ 6 million reported in Other (expense) /income, net in the Consolidated Statements of Operations.” 10-K for 2021
| Fiscal year ended | Restructuring charges |
|---|---|
| 2019-12-31 | $0 |
| 2020-12-31 | $0 |
| 2021-12-31 | $6 million |
Arriver Holdco 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 Arriver Holdco’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 2022-02-17. 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.