Uniti Group layoffs, on the record
Every job cut, severance charge and restructuring Uniti Group reported in its annual reports, 2022 to 2024, quoted from the filings.
Job cuts, severance and restructuring
Our summaryThe company approved a new form severance agreement for its executive officers other than the Chief Executive Officer, and the new agreement will replace Mr. Friloux's existing severance agreement.
Word for word“Mr. Heard’s prior severance agreement expired according to its terms on December 31, 2022, this will be Mr. Bullington’s first severance agreement with the Company and the New Severance Agreement will replace Mr. Friloux's existing severance agreement.” 10-K for 2022
Our summaryThe company recorded severance costs of $1,657 thousand in 2024, included in general and administration expense.
Word for word“Severance costs (b) 1,657 — Insurance recovery (a) — (527) Other, net $ 4,726 $ 20,893 41 Table of Contents (a) Included within the Operating expense (exclusive of depreciation and amortization) line item in our Consolidated Statements of Income (Loss).” 10-K for 2024
Uniti 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 Uniti Group’s annual reports (10-K for 2024, 10-K for 2023, 10-K for 2022) and the financial data it files with the SEC, as of 2025-02-21. 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.