Energy Transfer layoffs, on the record
Every job cut, severance charge and restructuring Energy Transfer reported in its annual reports, 2022 to 2025, quoted from the filings. Headcount went from 12,565 to 22,311.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2022 | 12,565 | December 31, 2022 |
| 10-K for 2023 | 13,786 | December 31, 2023 |
| 10-K for 2024 | 16,248 | December 31, 2024 |
| 10-K for 2025 | 22,311 | December 31, 2025 |
Job cuts, severance and restructuring
Our summaryThe partnership adopted a severance plan that pays severance benefits to salaried employees after a qualifying termination.
Word for word“In addition, in 2021 the Partnership has also adopted the Partnership Severance Plan and Summary Plan Description effective as of December 1, 2021, (the “Severance Plan”), which provides for payment of certain severance benefits in the event of Qualifying Termination (as that term is defined in the Severance Plan).” 10-K for 2022
Energy Transfer 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’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023, 10-K for 2022) and the financial data it files with the SEC, as of 2026-02-19. 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.