Northwestern layoffs, on the record
Every job cut, severance charge and restructuring Northwestern reported in its annual reports, 2020 to 2022, quoted from the filings. Headcount went from 1,530 to 1,530.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2020 | 1,530 | December 31, 2020 |
| 10-K for 2021 | 1,483 | December 31, 2021 |
| 10-K for 2022 | 1,530 | December 31, 2022 |
Job cuts, severance and restructuring
Our summaryThe company filed an application with state commissions and the FERC to legally separate its Montana utility business from its South Dakota and Nebraska utility business and to form a holding company.
Word for word“Holding Company Filings - On June 1, 2022, we filed a legal corporate restructuring application (Restructuring Plan) with the state commissions in Montana, South Dakota and Nebraska and the FERC.” 10-K for 2022
Northwestern 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 Northwestern’s annual reports (10-K for 2022, 10-K for 2021, 10-K for 2020) and the financial data it files with the SEC, as of 2023-02-17. 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.