China Life Insurance layoffs, on the record
Every job cut, severance charge and restructuring China Life Insurance reported in its annual reports, 2019 to 2022, quoted from the filings.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 20-F for 2019 | approximately 102,297, 102,817 and 103,826 | As of December 31, 2017, 2018 and 2019 |
| 20-F for 2020 | approximately 102,817, 103,826 and 104,160 | December 31, 2018, 2019 and 2020 |
| 20-F for 2021 | approximately 103,826, 104,160 and 103,262 | December 31, 2019, 2020 and 2021 |
| 20-F for 2022 | approximately 104,160, 103,262 and 102,238 | December 31, 2020, 2021 and 2022 |
Job cuts, severance and restructuring
None of China Life Insurance’s annual reports for 2019 to 2022 describes a layoff, workforce reduction or restructuring.
China Life Insurance 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 China Life Insurance’s annual reports (20-F for 2022, 20-F for 2021, 20-F for 2020, 20-F for 2019) and the financial data it files with the SEC, as of 2023-04-21. 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.