Helmerich & Payne layoffs, on the record
Every job cut, severance charge and restructuring Helmerich & Payne reported in its annual reports, 2023 to 2025, quoted from the filings.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2023 | approximately 6,200 employees within the United States and approximately 900 employees in our international operations | September 30, 2023 |
| 10-K for 2024 | approximately 6,200 employees within the United States and approximately 800 employees in our international operations | As of September 30, 2024 |
| 10-K for 2025 | approximately 6,200 employees within the United States and approximately 9,500 employees in our international operations | As of September 30, 2025 |
Job cuts, severance and restructuring
Our summaryThe filing reports restructuring charges of zero in fiscal 2023, $838 thousand in fiscal 2022, and $5,926 thousand in fiscal 2021 on the consolidated statement of operations.
Word for word“Restructuring charges — 838 5,926 Gain on reimbursement of drilling equipment ( 48,173 ) ( 29,443 ) ( 12,322 ) Other (gain) loss on sale of assets 8,016 ( 5,432 ) 11,280 2,310,532 2,013,652 1,647,117 OPERATING INCOME (LOSS) 561,889 45,292 ( 428,549 )” 10-K for 2023
| Fiscal year ended | Restructuring charges | Restructuring costs incurred |
|---|---|---|
| 2020-09-30 | $16 million | — |
| 2021-09-30 | $5.9 million | — |
| 2025-09-30 | — | $12.1 million |
Helmerich & Payne 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 Helmerich & Payne’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 2025-11-21. 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.