Cinemark USA layoffs, on the record
Every job cut, severance charge and restructuring Cinemark USA reported in its annual reports, 2023 to 2025, quoted from the filings.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2025 | approximately 18,300 | — |
Job cuts, severance and restructuring
Our summaryThe filing shows restructuring costs for 2021, 2022 and 2023 in the results of operations table, with 2023 showing no restructuring costs.
Word for word“Restructuring costs (1.0 ) (0.5 ) — Loss (gain) on disposal of assets and other 8.0 (6.8 ) (7.7 ) Total cost of operations 1,763.0 2,544.5 2,703.8 Operating (loss) income $ (252.5 ) $ (89.8 ) $ 362.9 Operating data as a percentage of total Revenue: Revenue Admissions 51.6 % 50.8 % 50.7 % Concession 37.2 % 38.2 % 38.9 % Other 11.2 % 11.0 % 10.4 % Total revenue 100.0 % 100.0 % 100.0 % Cost of operations (2) Film rentals and advertising 53.2 % 56.5 % 55.7 % Concession supplies 17.4 % 18.0 % 18.6 % Salaries and wages 15.4 % 15.2 % 13.1 % Facility lease expense 18.5 % 12.6 % 10.8 % Utilities and other 18.7 % 16.6 % 15.2 % General and administrative expenses 10.7 % 7.2 % 6.5 % Depreciation and amortization 17.6 % 9.7 % 6.8 % Impairment of long-lived assets 1.4 % 7.1 % 0.5 % Restructuring costs (0.1 )% 0.0 % 0.0 %” 10-K for 2023
Our summaryThe company recorded restructuring charges in 2020 for headcount reductions, permanent theater closures and write-downs of theater assets; final adjustments to those charges were recorded in 2022.
Word for word“Restructuring Charges – During the year ended December 31, 2020, the Company recorded restructuring charges based on an approved and announced restructuring plan, specifically related to headcount reductions, the permanent closure of underperforming theaters and the write-down of related theater assets.” 10-K for 2024
Our summaryGeneral and administrative expense rose in 2024, with the filing citing increased severance costs among other drivers.
Word for word“The increase for both Holdings and CUSA is primarily due to wages and benefits inflation, increased severance costs, and higher incentive compensation, share-based compensation and related payroll taxes, partially offset by the favorable impact of exchange rate fluctuations.” 10-K for 2024
| Fiscal year ended | Restructuring costs incurred |
|---|---|
| 2020-12-31 | $521,000 |
Cinemark USA 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 Cinemark USA’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-18. 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.