Wanda Sports Group layoffs, on the record
Every job cut, severance charge and restructuring Wanda Sports Group reported in its annual reports, 2019, quoted from the filings.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 20-F for 2019 | 1,269 full-time employees | December 31, 2019 |
Job cuts, severance and restructuring
Our summaryThe company incurred business optimization and reorganization expenses at WEH and Infront in 2019, which it treats as non-recurring restructuring costs.
Word for word“In 2019, the expenses or costs mainly represented business optimization and other reorganization expenses incurred in WEH and Infront.” 20-F for 2019
Wanda Sports 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 Wanda Sports Group’s annual reports (20-F for 2019) and the financial data it files with the SEC, as of 2020-05-22. 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.