RealPage layoffs, on the record
Every job cut, severance charge and restructuring RealPage reported in its annual reports, 2018 to 2020, quoted from the filings. Headcount went from approximately 6,200 to approximately 7,600.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2018 | approximately 6,200 | December 31, 2018 |
| 10-K for 2019 | approximately 7,000 | As of December 31, 2019 |
| 10-K for 2020 | approximately 7,600 | December 31, 2020 |
Job cuts, severance and restructuring
Our summaryAcquisition costs for the Rentlytics transaction included change of control payments and severance costs paid to former Rentlytics employees; the filing does not separate out the severance amount.
Word for word“Acquisition costs associated with this transaction totaled $1.2 million , which also include certain change of control payments and related severance costs paid to former Rentlytics employees.” 10-K for 2018
Our summaryThe filing lists organizational realignment as a non-GAAP adjustment item covering direct costs of aligning business strategies, with no amounts, dates, or headcount reductions stated.
Word for word“Organizational realignment: These items consist of direct costs associated with the alignment of our business strategies.” 10-K for 2019
RealPage 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 RealPage’s annual reports (10-K for 2020, 10-K for 2019, 10-K for 2018) and the financial data it files with the SEC, as of 2021-03-01. 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.