Nuance Communications layoffs, on the record
Every job cut, severance charge and restructuring Nuance Communications reported in its annual reports, 2019 to 2021, quoted from the filings. Headcount went from approximately 8,100 to approximately 6,900.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2019 | approximately 8,100 | September 30, 2019 |
| 10-K for 2020 | approximately 7,100 | As of September 30, 2020 |
| 10-K for 2021 | approximately 6,900 | September 30, 2021 |
Job cuts, severance and restructuring
Our summaryRecorded fiscal 2019 restructuring charges of $23.3 million, mainly for terminating about 391 employees, plus a $3.9 million charge for closing excess facilities.
Word for word“For the fiscal year 2019, we recorded restructuring charges of $23.3 million , which included $19.4 million related to the termination of approximately 391 employees and $3.9 million charge related to closing certain excess facilities.” 10-K for 2019
Our summaryRecorded fiscal 2018 restructuring charges, mainly for terminating about 1,318 employees, plus a $3.9 million charge for closing excess facilities.
Word for word“For fiscal year 2018 , we recorded restructuring charges of $35.4 million , which included $31.5 million related to the termination of approximately 1,318 employees and $3.9 million charge related to closing certain excess facilities, including adjustment to sublease assumptions associated with these facilities.” 10-K for 2019
Our summaryRecorded fiscal 2017 restructuring charges, mainly for terminating about 792 employees, plus a charge for closing excess facilities.
Word for word“For fiscal year 2017 , we recorded restructuring charges of $18.9 million , which included $12.6 million related to the termination of approximately 792 terminated employees and $6.3 million charge related to closing certain excess facilities, including adjustment to sublease assumptions associated with these facilities.” 10-K for 2019
Our summaryRecorded restructuring charges in fiscal 2020, including termination of employees and closing of idle facilities, as part of strategic initiatives on investment rationalization, process optimization and cost reduction.
Word for word“For fiscal year 2020 , we recorded restructuring charges of $10.8 million , which included $5.3 million related to the termination of approximately 191 employees and $5.5 million charge related to closing certain idle facilities.” 10-K for 2020
Our summaryRecorded restructuring charges in fiscal 2019 for employee terminations and closing of idle facilities under the same cost reduction initiatives.
Word for word“For fiscal year 2019 , we recorded restructuring charges of $16.4 million , which included $14.2 million related to the termination of approximately 305 employees and $2.2 million in charges related to the closing of certain idle facilities.” 10-K for 2020
Our summaryRecorded restructuring charges in fiscal 2018 for employee terminations and closing of idle facilities under strategic initiatives.
Word for word“For fiscal year 2018 , we recorded restructuring charges of $31.2 million , which included $27.4 million related to the termination of approximately 1,250 terminated employees and $3.9 million in charges related to the closing of certain idle facilities, including adjustment to sublease assumptions associated with these facilities.” 10-K for 2020
Our summaryExpects remaining outstanding severance from fiscal 2020 actions to be substantially paid, and remaining facility payments to be made through fiscal 2027.
Word for word“We expect the remaining outstanding severance of $1.2 million to be substantially paid during fiscal year 2021, and the remaining $15.6 million for the facilities to be made through fiscal year 2027, in accordance with the terms of the applicable leases.” 10-K for 2020
Our summaryIn fiscal year 2021 the company recorded restructuring charges for employee terminations and for closing idle facilities.
Word for word“For fiscal year 2021, we recorded restructuring charges of $16.9 million, which included $6.1 million related to the termination of approximately 80 employees and $10.8 million of charges related to closing certain idle facilities.” 10-K for 2021
Our summaryIn fiscal year 2020 the company recorded restructuring charges for employee terminations and for closing idle facilities.
Word for word“For fiscal year 2020, we recorded restructuring charges of $10.7 million, which included $5.1 million related to the termination of approximately 191 employees and $5.5 million of charges related to closing certain idle facilities.” 10-K for 2021
Our summaryIn fiscal year 2019 the company recorded restructuring charges for employee terminations and for closing idle facilities.
Word for word“For fiscal year 2019, we recorded restructuring charges of $17.4 million, which included $15.2 million related to the termination of approximately 305 employees and $2.2 million in charges related to the closing of certain idle facilities.” 10-K for 2021
| Fiscal year ended | Restructuring charges | Restructuring costs incurred | Cash paid for restructuring | Positions eliminated |
|---|---|---|---|---|
| 2016-09-30 | $24.7 million | — | $17.9 million | — |
| 2017-09-30 | $18.9 million | — | $20.3 million | — |
| 2018-09-30 | $31.2 million | — | $25.1 million | — |
| 2019-09-30 | $17.4 million | $30.1 million | $23.7 million | 305 |
| 2020-09-30 | $10.7 million | $17.5 million | $13.8 million | 191 |
| 2021-09-30 | $16.9 million | $36.2 million | $11.8 million | 80 |
Nuance Communications 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 Nuance Communications’s annual reports (10-K for 2021, 10-K for 2020, 10-K for 2019) and the financial data it files with the SEC, as of 2021-11-18. 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.