Enel Generacion Chile layoffs, on the record
Every job cut, severance charge and restructuring Enel Generacion Chile reported in its annual reports, 2017 to 2019, quoted from the filings.
Job cuts, severance and restructuring
Our summarySelling and administrative employee benefit expenses fell in 2019, partly because severance payments were lower than in 2018.
Word for word“c. a decrease of Ch$ 1.5 billion in severance payments; and d. an increase of Ch$ 0.87 billion in benefit provisions and Ch$ 2.8 million lower capitalization of personnel costs related to the Los Cóndores project.” 20-F for 2019
Enel Generacion Chile 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 Generacion Chile’s annual reports (20-F for 2019, 20-F for 2018, 20-F for 2017) and the financial data it files with the SEC, as of 2020-04-29. 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.