Enel Americas layoffs, on the record
Every job cut, severance charge and restructuring Enel Americas reported in its annual reports, 2019 to 2021, quoted from the filings. Headcount went from 17,295 to 16,731.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 20-F for 2019 | 17,295 | December 31, 2019 |
| 20-F for 2020 | 16,731 | December 31, 2020 |
Job cuts, severance and restructuring
Our summaryEnel Distribution Sao Paulo reduced its total personnel during 2020 through an organizational restructuring process carried out to increase efficiency.
Word for word“(1) The total personnel was reduced in 2020 as compared to 2019 as a result of an organizational restructuring process that Enel Distribution Sao Paulo is currently undergoing in accordance with a plan implemented by the investment committee to increase efficiency.” 20-F for 2020
Our summaryThe company stated that the Enel Distribution Sao Paulo restructuring plan will be analyzed further once final results are authorized by the regulator.
Word for word“The Company will analyze the next steps in the restructuring plan with the final results of the plan, to be authorized by the competent regulatory authority.” 20-F for 2020
Enel Americas 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 Enel Americas’s annual reports (20-F for 2021, 20-F for 2020, 20-F for 2019) and the financial data it files with the SEC, as of 2022-04-29. 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.