Pinnacle Entertainment layoffs, on the record
Every job cut, severance charge and restructuring Pinnacle Entertainment reported in its annual reports, 2016 to 2017, quoted from the filings.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2016 | 16,092 full-time and part-time employees | December 31, 2016 |
| 10-K for 2017 | 15,377 | December 31, 2017 |
Job cuts, severance and restructuring
Our summaryCompany recorded restructuring costs tied to the Spin-Off and Merger within pre-opening, development and other costs.
Word for word“Pre-opening, development and other costs for the years ended December 31, 2016 , 2015 and 2014 , consist of the following: For the year ended December 31, 2016 2015 2014 (in millions) Restructuring costs (1) $ 48.7 $ 12.2 $ 1.7 Meadows acquisition costs (2) 6.4 — — Belterra Park (3) — — 8.2 Other 0.9 2.0 3.1 Total pre-opening, development and other costs $ 56.0 $ 14.2 $ 13.0 (1) Amounts comprised of costs associated with the Spin-Off and Merger.” 10-K for 2016
| Fiscal year ended | Restructuring charges |
|---|---|
| 2016-12-31 | $48.7 million |
| 2017-12-31 | $900,000 |
Pinnacle Entertainment 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 Pinnacle Entertainment’s annual reports (10-K for 2017, 10-K for 2016) and the financial data it files with the SEC, as of 2018-03-01. 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.