Dnow layoffs, on the record
Every job cut, severance charge and restructuring Dnow reported in its annual reports, 2023 to 2025, quoted from the filings. Headcount went from approximately 2,475 to approximately 5,300.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2023 | approximately 2,475 | At December 31, 2023 |
| 10-K for 2024 | approximately 2,575 | December 31, 2024 |
| 10-K for 2025 | approximately 5,300 | December 31, 2025 |
Job cuts, severance and restructuring
Our summaryBegan a plan to restructure operations in the International segment to optimize efficiencies and improve operating margins, recognizing charges that included foreign currency translation losses, inventory write-downs and other exit costs.
Word for word“In the third quarter of 2024, we began a plan to restructure operations in the International segment to optimize efficiencies and to improve operating margins.” 10-K for 2024
Our summaryThe company began a plan to restructure its International segment operations to improve efficiency and operating margins.
Word for word“In the third quarter of 2024, the Company began a plan to restructure operations in the International segment to optimize efficiencies and to improve operating margins.” 10-K for 2025
Our summaryThe company recorded restructuring charges for the International segment plan in 2025, mostly foreign currency translation losses plus other exit costs.
Word for word“For the year ended December 31, 2025, the Company recognized $ 13 million in charges, including approximately $ 12 million of foreign currency translation losses included in impairment and other charges and $ 1 million of other exit costs included in selling, general and administrative expenses.” 10-K for 2025
Dnow 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 Dnow’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-26. 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.