Regal Entertainment Group layoffs, on the record
Every job cut, severance charge and restructuring Regal Entertainment Group reported in its annual reports, 2015 to 2017, quoted from the filings. Headcount went from approximately 25,915 to approximately 26,000.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2015 | approximately 25,915 | December 31, 2015 |
| 10-K for 2016 | approximately 25,359 | December 31, 2016 |
| 10-K for 2017 | approximately 26,000 | December 31, 2017 |
Job cuts, severance and restructuring
Our summaryThe filing describes a restructuring of an existing master lease covering nine operating properties, which reduced rent expense in the Fiscal 2015 Period.
Word for word“The decrease in rent expense in the Fiscal 2015 Period was primarily impacted by the restructuring of an existing master lease covering nine operating properties described further in Note 6 to the consolidated financial statements included in Part II, Item 8 of this Form 10-K and the closure of nine theatres with 91 screens subsequent to the end of the Fiscal 2014 Period, partially offset by incremental rent associated with the opening of two new theatres with 24 screens and the acquisition of five theatres and 61 screens subsequent to the end of the Fiscal 2014 Period.” 10-K for 2015
Regal Entertainment Group 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 Regal Entertainment Group’s annual reports (10-K for 2017, 10-K for 2016, 10-K for 2015) 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.