Cerner layoffs, on the record
Every job cut, severance charge and restructuring Cerner reported in its annual reports, 2019 to 2021, quoted from the filings. Headcount went from approximately 27,400 to approximately 25,150.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2019 | approximately 27,400 | end of 2019 |
| 10-K for 2020 | approximately 26,400 | December 31, 2020 |
| 10-K for 2021 | approximately 25,150 | December 31, 2021 |
Job cuts, severance and restructuring
Our summaryCerner reported employee separation benefits charges within general and administrative expense as part of its operational improvement initiatives.
Word for word“The increase in general and administrative expenses is primarily driven by expenses incurred in 2019 in connection with our operational improvement initiatives discussed above; inclusive of $86 million of charges associated with employee separation benefits, as further discussed in Note (1) of the notes to consolidated financial statements.” 10-K for 2019
Our summaryCerner recorded a liability for unpaid separation benefits owed to associates, expected to be paid in early 2020.
Word for word“At December 28, 2019 , a liability of $ 9 million for such obligations is included in accrued payroll and tax withholdings in our consolidated balance sheets, which we expect to settle/pay in the first quarter of 2020.” 10-K for 2019
Our summaryCerner recorded pre-tax charges for terminating certain client contracts before the end of their stated terms.
Word for word“During 2019 , we recorded pre-tax charges of $ 66 million in connection with the termination of certain client contracts prior to end of their stated terms, the majority of which was paid in cash.” 10-K for 2019
Our summaryCerner's Board of Directors has implemented and plans to continue several restructuring and realignment initiatives to reduce costs.
Word for word“Our Board of Directors has implemented and plans to continue to implement several restructuring and realignment initiatives to reduce costs and increase operating efficiencies.” 10-K for 2019
Our summaryCompany said it has implemented and plans to continue several restructuring and realignment initiatives to reduce costs and increase operating efficiencies.
Word for word“Cerner has implemented and plans to continue to implement several restructuring and realignment initiatives to reduce costs and increase operating efficiencies.” 10-K for 2020
Our summaryCompany reported general and administrative expenses that include certain organizational restructuring costs, with the total decreasing 6% to $492 million in 2020.
Word for word“These expenses decreased 6% to $492 million in 2020, from $521 million in 2019.” 10-K for 2020
Our summaryCompany reported other operating costs not attributed to a segment that include certain organizational restructuring expense.
Word for word“These expenses decreased 4% to $1.30 billion in 2020, from $1.35 billion in 2019.” 10-K for 2020
Cerner 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 Cerner’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 2022-02-22. 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.