DUN & Bradstreet layoffs, on the record
Every job cut, severance charge and restructuring DUN & Bradstreet reported in its annual reports, 2015 to 2017, quoted from the filings. Headcount went from approximately 5,000 to approximately 4,900.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2015 | approximately 5,000 | December 31, 2015 |
| 10-K for 2016 | approximately 4,800 | December 31, 2016 |
| 10-K for 2017 | approximately 4,900 | December 31, 2017 |
Job cuts, severance and restructuring
Our summaryRecorded a $32.3 million restructuring charge, including severance and termination costs, with approximately 380 employees impacted.
Word for word“During the year ended December 31, 2015 , we recorded a $ 32.3 million restructuring charge.” 10-K for 2015
Our summaryRecorded a $14.9 million restructuring charge, including severance and termination costs, with approximately 155 employees impacted.
Word for word“During the year ended December 31, 2014 , we recorded a $14.9 million restructuring charge.” 10-K for 2015
Our summaryRecorded a $13.9 million restructuring charge, including severance and termination costs, with approximately 160 employees impacted.
Word for word“During the year ended December 31, 2013 , we recorded a $13.9 million restructuring charge.” 10-K for 2015
Our summaryRecorded a restructuring charge in 2016 comprised mainly of employee severance and termination costs, to eliminate, consolidate, standardize and/or automate business functions.
Word for word“During the year ended December 31, 2016 , we recorded a $ 22.1 million restructuring charge.” 10-K for 2016
Our summaryRecorded a restructuring charge in 2015 comprised mainly of employee severance and termination costs.
Word for word“During the year ended December 31, 2015 , we recorded a $32.3 million restructuring charge.” 10-K for 2016
Our summaryManagement restructuring initiatives taken in the fourth quarter of 2015 and January 2016 lowered operating expenses.
Word for word“Lower costs as a result of management restructuring initiatives taken in the fourth quarter of 2015 and January 2016; and” 10-K for 2016
Our summaryThe company recorded a restructuring charge in 2017, mainly severance for about 420 employees, plus contract and lease termination costs.
Word for word“During the year ended December 31, 2017 , we recorded a $ 32.1 million restructuring charge.” 10-K for 2017
Our summaryThe company recorded a restructuring charge in 2016, mainly severance for about 380 employees, plus a small amount of contract and lease termination costs.
Word for word“During the year ended December 31, 2016 , we recorded a $22.1 million restructuring charge.” 10-K for 2017
| Fiscal year ended | Restructuring charges | Cash paid for restructuring |
|---|---|---|
| 2016-12-31 | $22.1 million | $32.7 million |
| 2017-12-31 | $32.1 million | $25.7 million |
DUN & Bradstreet 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 DUN & Bradstreet’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 2018-02-22. 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.