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On the Record · Energy Transfer Operating

Energy Transfer Operating layoffs, on the record

Every job cut, severance charge and restructuring Energy Transfer Operating reported in its annual reports, 2018 to 2020, quoted from the filings. Headcount went from 11,768 to 11,421.

Headcount, as reported

Annual reportEmployeesAs of
10-K for 201811,768December 31, 2018
10-K for 201912,517December 31, 2019
10-K for 202011,421December 31, 2020

Job cuts, severance and restructuring

  1. Our summaryRecorded a goodwill impairment of $79 million for the refined products transportation and services reporting unit, after restructuring internal reporting following the Sunoco Logistics Merger. Cost: $79 million impairment

    Word for word“• a $79 million impairment was recorded related to the goodwill associated the Partnership’s refined products transportation and services reporting unit.” 10-K for 2019

Energy Transfer Operating 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 Energy Transfer Operating’s annual reports (10-K for 2020, 10-K for 2019, 10-K for 2018) and the financial data it files with the SEC, as of 2021-02-19. 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.