Janus Capital layoffs, on the record
Every job cut, severance charge and restructuring Janus Capital reported in its annual reports, 2014 to 2016, quoted from the filings. Headcount went from 1,209 to 1,277.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2014 | 1,209 | December 31, 2014 |
| 10-K for 2015 | 1,272 | December 31, 2015 |
| 10-K for 2016 | 1,277 | December 31, 2016 |
Job cuts, severance and restructuring
Our summaryThe company said it has incurred and expects to incur significant one-time costs tied to the merger, including restructuring and severance or employee benefit expenses.
Word for word“JCG has incurred and expects to incur significant non-recurring costs associated with the merger.” 10-K for 2016
Our summaryThe company described a debt restructuring in the third quarter of 2015, in which it issued new senior notes and redeemed older notes, resulting in a loss on early extinguishment of debt.
Word for word“JCG recognized a loss on early extinguishment of debt of $36.3 million in the third quarter 2015 as a result of the redemption.” 10-K for 2016
Janus Capital 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 Janus Capital’s annual reports (10-K for 2016, 10-K for 2015, 10-K for 2014) and the financial data it files with the SEC, as of 2017-02-16. 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.