Cmb.tech layoffs, on the record
Every job cut, severance charge and restructuring Cmb.tech reported in its annual reports, 2023 to 2025, quoted from the filings. Headcount went from approximately 3,216 to 302.26.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 20-F for 2023 | approximately 3,216 | December 31, 2023 |
| 20-F for 2025 | 302.26 | — |
Job cuts, severance and restructuring
Our summaryThe filing mentions an accrual for severance pay on Belgian flag vessels sold to Frontline, which increased accrued expenses at year-end 2023.
Word for word“The increase in accrued expenses as per December 31, 2023 compared to 2022 is mainly due to expenses related to vessels in drydock at year-end, time charter in hire on Marlin Sardinia and Marlin Somerset and an accrual related to severance pay on the Belgian flag vessels sold to Frontline.” 20-F for 2023
Cmb.tech 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 Cmb.tech’s annual reports (20-F for 2025, 20-F for 2024, 20-F for 2023) and the financial data it files with the SEC, as of 2026-04-21. 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.