Corelogic layoffs, on the record
Every job cut, severance charge and restructuring Corelogic reported in its annual reports, 2018 to 2020, quoted from the filings. Headcount went from approximately 5,800 to approximately 5,300.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2018 | approximately 5,800 | December 31, 2018 |
| 10-K for 2019 | approximately 5,100 | December 31, 2019 |
| 10-K for 2020 | approximately 5,300 | December 31, 2020 |
Job cuts, severance and restructuring
Our summaryRecorded severance expense and non-cash impairment charges relating to the AMC transformation program, which concluded in December 2019.
Word for word“We also recorded non-cash impairment charges of $47.8 million and severance expense of $5.3 million in 2019 relating to the AMC transformation program which concluded in December 2019.” 10-K for 2019
Our summaryRecorded higher severance expense in 2019 compared with the prior year, as part of the change in operating costs excluding acquisitions.
Word for word“Excluding acquisition activity, the increase of $12.7 million was primarily due to higher productivity-related investments of $16.8 million, higher severance expense of $4.7 million, and higher personnel-related costs of $7.1 million, partially offset by lower outsourced services of $13.0 million, and lower other expenses of $2.9 million.” 10-K for 2019
Corelogic filed 1 restructuring notice (Form 8-K, Item 2.05) since 2016. This page shows what the company reported to the SEC, not news reports or state layoff notices.
Read from Corelogic’s annual reports (10-K for 2020, 10-K for 2019, 10-K for 2018) and the financial data it files with the SEC, as of 2021-03-01. 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.