Total System Services layoffs, on the record
Every job cut, severance charge and restructuring Total System Services reported in its annual reports, 2016 to 2018, quoted from the filings. Headcount went from approximately 11,500 to approximately 12,820.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2016 | approximately 11,500 | December 31, 2016 |
| 10-K for 2017 | approximately 11,000 | December 31, 2017 |
| 10-K for 2018 | approximately 12,820 | December 31, 2018 |
Job cuts, severance and restructuring
None of Total System Services’s annual reports for 2016 to 2018 describes a layoff, workforce reduction or restructuring.
Total System Services 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 Total System Services’s annual reports (10-K for 2018, 10-K for 2017, 10-K for 2016) and the financial data it files with the SEC, as of 2019-02-21. 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.