Hawaiian layoffs, on the record
Every job cut, severance charge and restructuring Hawaiian reported in its annual reports, 2021 to 2023, quoted from the filings. Headcount went from 6,674 to 7,362.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2021 | 6,674 | December 31, 2021 |
| 10-K for 2022 | 7,108 | December 31, 2022 |
| 10-K for 2023 | 7,362 | December 31, 2023 |
Job cuts, severance and restructuring
Our summaryAnnounced voluntary separation programs across each labor group with one-time severance payments, health reimbursement accounts and other benefits, and completed them.
Word for word“During the third quarter of 2020, we announced and completed voluntary separation programs across each of our labor groups providing for one-time severance payments, the establishment of health reimbursement accounts and other benefits.” 10-K for 2021
Our summaryAnnounced involuntary separation and temporary leave programs, mostly effective October 1, 2020.
Word for word“Additionally, we announced involuntary separation and temporary leave programs, the majority of which were effective October 1, 2020.” 10-K for 2021
Our summaryAnnounced the termination of its 'Ohana by Hawaiian operations and wrote down the asset group.
Word for word“In the second quarter of 2021, the Company announced the termination of its 'Ohana by Hawaiian operations.” 10-K for 2021
Our summaryCompany announced involuntary separation programs, most effective October 1, 2020, and recorded $5.7 million related to special termination benefits and curtailment loss as a nonoperating special item.
Word for word“Additionally, we announced involuntary separation programs, the majority of which were effective October 1, 2020.” 10-K for 2022
Our summaryCompany reported severance and benefit costs as a 2020 operating special item of $17,765 thousand.
Word for word“Severance and benefit costs (7) — — 17,765 Total Operating special items $ 18,803 $ 8,983 $ 184,111 Nonoperating special items: Other nonoperating special items: Special termination benefits (8) $ — $ — $ 5,258 Curtailment loss (8) — — 424 Total Other nonoperating special items $ — $ — $ 5,682 (1) In December 2022, the Company entered into a Memorandum of Understanding (MOU) with its third-party service provider to early terminate its Amended and Restated Complete Fleet Services (CFS) Agreement (Amended CFS).” 10-K for 2022
| Fiscal year ended | Severance costs |
|---|---|
| 2018-12-31 | $0 |
| 2019-12-31 | $0 |
| 2020-12-31 | $17.8 million |
| 2021-12-31 | $0 |
| 2022-12-31 | $0 |
Hawaiian filed 2 restructuring notices (Form 8-K, Item 2.05) since 2016. This page shows what the company reported to the SEC, not news reports or state layoff notices.
Read from Hawaiian’s annual reports (10-K for 2023, 10-K for 2022, 10-K for 2021) and the financial data it files with the SEC, as of 2024-02-15. 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.