Callon Petroleum layoffs, on the record
Every job cut, severance charge and restructuring Callon Petroleum reported in its annual reports, 2021 to 2023, quoted from the filings.
Job cuts, severance and restructuring
Our summaryCarrizo Acquisition-related costs were recorded, including severance costs of $6.2 million in 2020 and $28.8 million in 2019.
Word for word“In conjunction with the Carrizo Acquisition, the Company incurred costs totaling $ 28.5 million and $ 74.4 million for the years ended December 31, 2020 and 2019, respectively, comprised of severance costs of $ 6.2 million and $ 28.8 million for the years ended December 31, 2020 and 2019, respectively, and other merger and integration expenses of $ 22.3 million and $ 45.6 million for the years ended December 31, 2020 and 2019, respectively.” 10-K for 2021
Callon Petroleum 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 Callon Petroleum’s annual reports (10-K for 2023, 10-K for 2022, 10-K for 2021) and the financial data it files with the SEC, as of 2024-02-26. 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.