Murphy USA layoffs, on the record
Every job cut, severance charge and restructuring Murphy USA reported in its annual reports, 2023 to 2025, quoted from the filings. Headcount went from approximately 15,600 to approximately 16,900.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2023 | approximately 15,600 | December 31, 2023 |
| 10-K for 2024 | approximately 17,200 | December 31, 2024 |
| 10-K for 2025 | approximately 16,900 | As of December 31, 2025 |
Job cuts, severance and restructuring
Our summaryThe company recorded restructuring expense in 2025, mainly severance and other benefits for affected employees, and none in 2024.
Word for word“Restructuring expenses of $12.6 million, related primarily to severance and other benefits offered to impacted employees, were incurred in 2025 compared to none in 2024.” 10-K for 2025
Our summaryIn the third quarter of 2025 the company took restructuring charges to improve operational effectiveness and organizational efficiency, mostly severance and other employee costs, recorded as Corporate costs.
Word for word“During the third quarter of 2025, the Company incurred restructuring charges as part of its ongoing efforts to strengthen operational effectiveness, improve organizational efficiency and position the company for long-term success.” 10-K for 2025
| Fiscal year ended | Restructuring charges | Cash paid for restructuring |
|---|---|---|
| 2023-12-31 | $0 | — |
| 2024-12-31 | $0 | — |
| 2025-12-31 | $12.6 million | $7 million |
Murphy USA 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 Murphy USA’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 2026-02-18. 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.