Primo Water layoffs, on the record
Every job cut, severance charge and restructuring Primo Water reported in its annual reports, 2022 to 2023, quoted from the filings. Headcount went from over 9,240 to over 6,400.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2022 | over 9,240 | As of December 31, 2022 |
| 10-K for 2023 | over 6,400 | December 30, 2023 |
Job cuts, severance and restructuring
Our summaryAnnounced a 2020 Restructuring Plan that included headcount reductions and furloughs in North America and Rest of World, incurring severance and related costs.
Word for word“In connection with the 2020 Restructuring Plan, we incurred $ 10.5 million in severance costs and all costs related to the 2020 Restructuring Plan were recorded as of January 2, 2021.” 10-K for 2022
Our summaryRecorded restructuring charges of $2.7 million in North America and $7.8 million in Rest of World under the 2020 Restructuring Plan, with the remaining liabilities paid during 2021.
Word for word“The remaining liabilities were paid during 2021.” 10-K for 2022
Primo Water filed 1 restructuring notice (Form 8-K, Item 2.05) since 2016. This page shows what the company reported to the SEC, not news reports or state layoff notices.
Read from Primo Water’s annual reports (10-K for 2023, 10-K for 2022, 10-K for 2022) and the financial data it files with the SEC, as of 2024-02-28. 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.