LyondellBasell Industries layoffs, on the record
Every job cut, severance charge and restructuring LyondellBasell Industries reported in its annual reports, 2023 to 2025, quoted from the filings.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2025 | approximately 18,970 | December 31, 2025 |
Job cuts, severance and restructuring
Our summaryThe company recorded severance costs in 2025 tied to its cash improvement plan, which aims to cut fixed costs in part through employee reductions.
Word for word“During 2025, we incurred $32 million in severance costs associated with the cash improvement plan.” 10-K for 2025
LyondellBasell Industries filed 2 restructuring notices (Form 8-K, Item 2.05) since 2016. This page shows what the company reported to the SEC, not news reports or state layoff notices.
Read from LyondellBasell Industries’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 2026-02-20. 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.