Triple-s Management layoffs, on the record
Every job cut, severance charge and restructuring Triple-s Management reported in its annual reports, 2018 to 2020, quoted from the filings.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2018 | 3,652 full-time employees and 202 temporary employees | December 31, 2018 |
| 10-K for 2019 | 3,909 full-time employees and 165 temporary employees | December 31, 2019 |
| 10-K for 2020 | 3,911 full time employees | As of December 31, 2020 |
Job cuts, severance and restructuring
Our summaryThe company froze pay and service amounts used to calculate pension benefits for active employees in the pension plan, so they stopped accruing additional benefits.
Word for word“In December 2016, the Company announced that effective January 31, 2017, it would freeze the pay and service amounts used to calculate pension benefits for active employees who participated in the pension plan.” 10-K for 2018
Triple-s Management 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 Triple-s Management’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 2021-02-26. 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.