Nuvasive layoffs, on the record
Every job cut, severance charge and restructuring Nuvasive reported in its annual reports, 2020 to 2022, quoted from the filings. Headcount went from approximately 2,700 to approximately 3,000.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2020 | approximately 2,700 | December 31, 2020 |
| 10-K for 2021 | approximately 2,900 | December 31, 2021 |
| 10-K for 2022 | approximately 3,000 | As of December 31, 2022 |
Job cuts, severance and restructuring
Our summaryThe company maintains executive severance plans that pay severance and other benefits to key executives terminated for reasons other than cause.
Word for word“The Company has employment contracts with key executives and maintains severance plans that provide for the payment of severance and other benefits if such executives are terminated for reasons other than cause, as defined in those agreements and plans.” 10-K for 2022
Nuvasive 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 Nuvasive’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 2023-02-22. 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.