Csra layoffs, on the record
Every job cut, severance charge and restructuring Csra reported in its annual reports, 2016 to 2017, quoted from the filings. Headcount went from over 18,000 to approximately 18,500.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2016 | over 18,000 | April 1, 2016 |
| 10-K for 2017 | approximately 18,500 | March 31, 2017 |
Job cuts, severance and restructuring
Our summaryThe company recorded restructuring costs in its Adjusted EBITDA reconciliation for the twelve months ended April 1, 2016.
Word for word“Restructuring costs 1,277 5,073 2,480 Foreign currency loss 364 1,416 — Pension and postretirement actuarial losses (gains), settlement losses, and amortization of other comprehensive income 195,362 6,080 (2,517 ) 45 Gain on disposition (18,464 ) — — Separation Costs 117,987 — — Adjusted EBITDA $ 701,043 $ 627,258 $ 597,783 • We announced contract awards (3) of $6,847.2 million during fiscal 2016 as compared to $2,932.9 million during fiscal 2015.” 10-K for 2016
Csra 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 Csra’s annual reports (10-K for 2017, 10-K for 2016) and the financial data it files with the SEC, as of 2017-05-25. 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.