Univar Solutions layoffs, on the record
Every job cut, severance charge and restructuring Univar Solutions reported in its annual reports, 2020 to 2022, quoted from the filings. Headcount went from approximately 9,457 to 9,450.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2020 | approximately 9,457 | December 31, 2020 |
| 10-K for 2021 | 9,450 | December 31, 2021 |
Job cuts, severance and restructuring
Our summaryLower restructuring charges reduced other operating expenses, net, in 2021 compared with the prior year.
Word for word“The increase was primarily due to the withdrawal liability related to operating sites exiting the Central States multi-employer pension plan and higher stock-based compensation expense, partially offset by lower restructuring charges.” 10-K for 2021
| Fiscal year ended | Restructuring charges | Restructuring costs incurred | Cash paid for restructuring |
|---|---|---|---|
| 2016-12-31 | $6.5 million | $6.5 million | $33 million |
| 2017-12-31 | $5.5 million | $5.5 million | $13 million |
| 2018-12-31 | $4.8 million | $4.8 million | $7.9 million |
| 2019-12-31 | $2.6 million | $2.6 million | $6.2 million |
| 2020-12-31 | $13.9 million | $13.9 million | $12.9 million |
| 2021-12-31 | $200,000 | $200,000 | $6.6 million |
| 2022-12-31 | $0 | $0 | — |
Univar Solutions 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 Univar Solutions’s annual reports (10-K for 2022, 10-K for 2021, 10-K for 2020) and the financial data it files with the SEC, as of 2023-02-22. 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.