Business Segments · Employee severance charges
Mobility — Employee severance charges
S&P Global Mobility — Employee severance charges increased by 100.0% to $6.00M in Q2 2024 compared to the prior quarter. Year-over-year, this metric grew by 100.0%, from $3.00M to $6.00M. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityModerate
Rolls up toRestructuring Charges
How to read this metric
An increase often signals a strategic pivot or cost-cutting initiative, while a decrease suggests a more stable workforce and operational environment.
Detailed definition
This metric tracks the financial impact of employee termination benefits and restructuring-related severance payments wi...
Peer comparison
Comparable to restructuring charges or severance costs reported by large-scale service and data providers undergoing organizational change.
Metric ID:
spgi_segment_mobility_employee_severance_chargesHistorical Data
5 periods
| Q2 '22 | Q3 '22 | Q2 '23 | Q3 '23 | Q2 '24 | |
|---|---|---|---|---|---|
| Value | $2.00M | $1.00M | $3.00M | $3.00M | $6.00M |
| QoQ Change | — | -50.0% | +200.0% | +0.0% | +100.0% |
| YoY Change | — | — | +50.0% | +200.0% | +100.0% |
Range$1.00M – $6.00M
CAGR+200.0%
Avg YoY Growth+116.7%
Median YoY Growth+100.0%
Current Streak3 quarters growth
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Frequently Asked Questions
- What is S&P Global's mobility — employee severance charges?
- S&P Global (SPGI) reported mobility — employee severance charges of $6.00M in Q2 2024.
- How has S&P Global's mobility — employee severance charges changed year-over-year?
- S&P Global's mobility — employee severance charges increased by 100.0% year-over-year, from $3.00M to $6.00M.
- What does mobility — employee severance charges mean?
- The costs associated with paying severance to employees during organizational restructuring or layoffs.