B Communications layoffs, on the record
Every job cut, severance charge and restructuring B Communications reported in its annual reports, 2017 to 2019, quoted from the filings. Headcount went from 11,677 to 10,212.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 20-F for 2017 | 11,677 | December 31, 2017 |
| 20-F for 2018 | 11,132 | December 31, 2018 |
| 20-F for 2019 | 10,212 | December 31, 2019 |
Job cuts, severance and restructuring
Our summaryBezeq's employee count fell from 5,649 to 5,582, which the filing attributes mainly to streamlining from better processes and technology.
Word for word“The decrease in the number of employees in 2017 compared with 2016 stems primarily from streamlining as a result of continued improvement of processes and technological developments in the interface with the customers.” 20-F for 2017
Our summaryBezeq may terminate the employment of 203 permanent employees each year under retirement arrangements in the Special Collective Agreement.
Word for word“As part of the retirement arrangements, Bezeq may, at its discretion, terminate the employment of 203 permanent employees (including new permanent employees) each year (relevant for 2017-2021).” 20-F for 2017
Our summaryBezeq Group headcount fell from 11,901 to 11,677 between year-end 2016 and year-end 2017.
Word for word“As of December 31, 2016, the Bezeq Group employed 11,901 persons, of whom 5,649 persons were employed by Bezeq, 2,594 persons were employed by Pelephone, 1,905 persons were employed by Bezeq International and 1,753 persons were employed by DBS.” 20-F for 2017
Our summaryPelephone's employee count decreased from 2,594 to 2,551 at year-end 2017.
Word for word“The total number of employees in the above table includes employees employed in part time positions.” 20-F for 2017
Our summaryBezeq International's employee count decreased from 1,905 to 1,864.
Word for word“Total 1,864 1,905 75 Table of Contents Bezeq International has a number of employee groups whose wage structure includes a component of performance-linked commissions and incentives.” 20-F for 2017
Our summaryDBS employee count decreased from 1,753 to 1,680; the filing also notes that a November 2017 labor dispute concerned proposed layoffs, and a special collective agreement was signed in January 2018 to implement structural reforms.
Word for word“Following the announcement by the National Labor Federation in November 2017 of a labor dispute and the intention to strike, which, according to the announcement, is due to the proposed structural reforms and changes in DBS, that includes proposed layoffs, a special collective agreement was signed in January 2018.” 20-F for 2017
Our summaryBezeq's headcount fell in 2018, mainly because of streamlining from better processes and technology in customer interfaces.
Word for word“The decrease in the number of employees in 2018 compared with 2017 stems primarily from streamlining as a result of continued improvement of processes and technological developments in the interface with the customers.” 20-F for 2018
Our summaryDBS signed a special collective labor agreement to implement structural reforms and changes, which included proposed layoffs, after a labor dispute was announced.
Word for word“Following the announcement by the National Labor Federation in November 2017 of a labor dispute and the intention to strike, which, according to the announcement, is due to the proposed structural reforms and changes in DBS, that includes proposed layoffs, a special collective labor agreement was signed in January 2018.” 20-F for 2018
Our summaryThe Bezeq Group recognized retirement expenses, mainly for employee severance benefits, in the Bezeq Group companies.
Word for word“In addition, in 2018, retirement expenses were recognized in the amount of NIS 15, mainly for employee severance benefits in the Bezeq Group companies.” 20-F for 2018
Our summaryBezeq's Board approved early retirement of permanent employees and termination of other flexible-status employees as part of a streamlining plan, and the company booked a severance expense.
Word for word“On November 6, 2019, as part of its streamlining plan, Bezeq’s Board of Directors approved the retirement of 140 permanent employees and the termination of employment of another 60 employees with flexible employment status.” 20-F for 2019
Our summaryBezeq International may cut employment under an agreement, partly through voluntary redundancy, without replacing leavers.
Word for word“According to Bezeq International’s program and pursuant to the agreement, Bezeq International may, among other things, reduce the employment of up to 325 employees (of which 150 are permanent employees, some as part of voluntary redundancy), in addition to not recruiting employees to replace those who have ended their employment.” 20-F for 2019
Our summaryBezeq International's streamlining agreement has an estimated total cost, assuming it uses its full streamlining rights.
Word for word“The estimated cost of the foregoing agreement is NIS 68 million, assuming that Bezeq International exercises its full rights for such streamlining and complies with the conditions for granting additional financial benefits to the employees.” 20-F for 2019
Our summaryPelephone plans to terminate further non-tenured employees under its streamlining agreement, without replacing leavers.
Word for word“In addition, according to its plans, it will terminate the employment of a further 190 non-tenured employees in addition to not recruiting employees to replace those who have ended their employment.” 20-F for 2019
Our summaryPelephone's streamlining agreement carries an estimated total cost spread over the agreement period.
Word for word“The total estimated cost is NIS 100 million and will be expended across the Agreement period, assuming full exercise of Pelephone’s rights to streamlining as aforesaid and compliance with the conditions for granting additional economic benefits to employees.” 20-F for 2019
Our summaryDBS signed a special collective labor agreement to carry out structural reforms that include proposed layoffs.
Word for word“Following the announcement by the National Labor Federation in November 2017 of a labor dispute and the intention to strike, which, according to the announcement, is due to the proposed structural reforms and changes in DBS, that includes proposed layoffs, a special collective labor agreement was signed in January 2018 .” 20-F for 2019
B Communications 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 B Communications’s annual reports (20-F for 2019, 20-F for 2018, 20-F for 2017) and the financial data it files with the SEC, as of 2020-04-23. 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.