Ecopetrol layoffs, on the record
Every job cut, severance charge and restructuring Ecopetrol reported in its annual reports, 2023 to 2025, quoted from the filings. Headcount went from 19,659 to 19,581.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 20-F for 2023 | 19,659 | December 31, 2023 |
| 20-F for 2024 | 19,581 | As of December 31, 2024 |
| 20-F for 2025 | 19,581 | December 31, 2025 |
Job cuts, severance and restructuring
Our summaryEcopetrol Group headcount fell slightly, mainly from a staffing change tied to the retirement plan and number of retirees; the filing does not describe this as a layoff or workforce reduction program.
Word for word“As of December 31, 2024, the Ecopetrol Group had 19,581 employees, a decrease of 0.4% compared to 2023, equivalent to 76 employees, primarily due to a staffing change aligned with the retirement plan and number of retirees.” 20-F for 2024
Our summaryThe company recorded a termination benefits liability for a voluntary retirement plan.
Word for word“Termination benefits – Voluntary retirement plan 905,428 828,007 16,130,118 17,150,208 Social benefits and salaries 1,206,242 1,109,363 Other employee benefits 39,851 13,142 17,376,211 18,272,713 Current 3,368,547 3,059,204 Non–current 14,007,664 15,213,509 17,376,211 18,272,713 F-84 Table of Contents Ecopetrol S.A.” 20-F for 2024
Our summaryDuring 2025, 454 employees left Ecopetrol through voluntary retirement or dismissal, giving a turnover rate of 4.65%.
Word for word“During 2025, 454 employees left Ecopetrol due to voluntary or dismissal retirement at the professional-technical, operative and management level.” 20-F for 2025
Ecopetrol 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 Ecopetrol’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 2026-04-30. 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.