Freeport-mcmoran layoffs, on the record
Every job cut, severance charge and restructuring Freeport-mcmoran reported in its annual reports, 2023 to 2025, quoted from the filings. Headcount went from approximately 27,200 to approximately 29,000.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2023 | approximately 27,200 | December 31, 2023 |
| 10-K for 2024 | approximately 28,500 | December 31, 2024 |
| 10-K for 2025 | approximately 29,000 | December 31, 2025 |
Job cuts, severance and restructuring
Our summaryThe filing mentions restructuring and simplification initiatives in connection with information technology cutover activities, without describing any workforce reduction, severance or charges.
Word for word“These information technology systems, some of which are managed by third parties that we do not control, may be susceptible to damage, disruptions or shutdowns because of failures during the process of upgrading or replacing software, databases or components thereof, cutover activities in our restructuring and simplification initiatives, power outages, hardware failures, telecommunication failures, human errors, catastrophic events or other problems.” 10-K for 2023
Freeport-mcmoran 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 Freeport-mcmoran’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 2026-02-13. 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.