Stratrix
On the Record · Potlatchdeltic

Potlatchdeltic layoffs, on the record

Every job cut, severance charge and restructuring Potlatchdeltic reported in its annual reports, 2022 to 2024, quoted from the filings. Headcount went from 1,330 to 1,383.

Headcount, as reported

Annual reportEmployeesAs of
10-K for 20221,330At December 31, 2022
10-K for 20231,384At December 31, 2023
10-K for 20241,383December 31, 2024

Job cuts, severance and restructuring

  1. Our summaryRecorded CatchMark merger-related expenses that included severance benefits for CatchMark executives and employees. During 2022

    Word for word“During 2022, merger-related expenses were $27.3 million.” 10-K for 2022

  2. Our summaryItemized the CatchMark merger-related expenses, including severance for qualifying change-in-control and termination benefits. During the year ended December 31, 2022

    Word for word“During the year ended December 31, 2022, we incurred non-capitalizable merger costs in connection with the CatchMark merger as follows: (in thousands) Severance benefits 1 $ 7,584 Partnership OP Units' tax gross-up 2 8,124 Share-based compensation 3 9,307 Other 4 2,310 Total merger expenses $ 27,325 1. Qualifying change-in-control and termination benefits for CatchMark executive officers and employees.” 10-K for 2022

  3. Our summaryThe filing reports 2022 CatchMark merger-related expenses that included severance benefits of $7.5 million. during 2022 · Cost: $7.5 million for severance benefits

    Word for word“CatchMark merger-related expenses during 2022 were $27.3 million. This included $7.5 million for severance benefits, $9.3 million for accelerated vesting of CatchMark equity awards that fully vested upon closing of the merger and were allocated to the post-merger period, and $8.1 million for tax gross-up payments to holders of CatchMark Timber Operating Partnership OP Units.” 10-K for 2023
As filedReported in the company's financial data (XBRL), each linked to its filing
Fiscal year endedSeverance costsRestructuring charges
2017-12-31—$119,000
2018-12-31$8.7 million$10 million

Potlatchdeltic 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 Potlatchdeltic’s annual reports (10-K for 2024, 10-K for 2023, 10-K for 2022) and the financial data it files with the SEC, as of 2025-02-13. 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.