Cresud layoffs, on the record

Headcount, as reported

Job cuts, severance and restructuring

1. Our summaryShopping Malls general and administrative expenses rose partly because of higher bonus and severance payments. fiscal year ended June 30, 2026 · Cost: ARS 1,754 million

   Word for word“General and administrative expenses of Shopping Malls increased by 8.0%, from ARS 38,728 million during the fiscal year ended June 30, 2025, to ARS 41,821 million during the fiscal year ended June 30, 2026, mainly due to: (i) an increase of ARS 1,754 million in salaries, social security charges and other personnel administrative expenses, mainly due to higher charges for bonuses and severance payments; (ii) an increase of ARS 1,272 million in fees and compensations for services, mainly explained by higher professional fees associated with projects and administrative matters; (iii) an increase of ARS 522 million in amortization and depreciation charges; (iv) an increase of ARS 22 million in indirect taxes; (v) an increase of ARS 8 million in rents and expenses; and (vi) an increase of ARS 4 million in freight expenses; partially offset by (vii) a decrease of ARS 248 million in bank expenses; (viii) a decrease of ARS 101 million in directors’ fees; (ix) a decrease of ARS 75 million in travel, transportation and stationery; and (x) a decrease of ARS 65 million in maintenance, security, cleaning, repairs and related expenses.” 20-F for 2026

Cresud 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 Cresud’s annual reports (20-F for 2026, 20-F for 2025, 20-F for 2024) and the financial data it files with the SEC, as of 2026-10-21. 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.