Cigna Holding layoffs, on the record
Every job cut, severance charge and restructuring Cigna Holding reported in its annual reports, 2015 to 2017, quoted from the filings. Headcount went from approximately 39,300 to approximately 46,000.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2015 | approximately 39,300 | December 31, 2015 |
| 10-K for 2016 | approximately 41,000 | December 31, 2016 |
| 10-K for 2017 | approximately 46,000 | December 31, 2017 |
Job cuts, severance and restructuring
Our summaryIn the fourth quarter of 2013, Cigna committed to a plan to increase organizational efficiency and reduce costs, including employee headcount reductions, and recorded a severance-related charge.
Word for word“During the fourth quarter of 2013, the Company committed to a plan to increase its organizational efficiency and reduce costs through a series of actions including employee headcount reductions.” 10-K for 2015
Cigna Holding 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 Cigna Holding’s annual reports (10-K for 2017, 10-K for 2016, 10-K for 2015) and the financial data it files with the SEC, as of 2018-02-28. 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.