Oneok layoffs, on the record
Every job cut, severance charge and restructuring Oneok reported in its annual reports, 2023 to 2025, quoted from the filings. Headcount went from 4,775 to 5,177.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2023 | 4,775 | As of December 31, 2023 |
| 10-K for 2024 | 5,177 | Dec. 31, 2024 |
Job cuts, severance and restructuring
Our summarySeverance and share-based award settlements were among the primarily non-recurring costs of the Magellan Acquisition, which were expensed in 2023 for certain Magellan employees.
Word for word“These non-recurring costs are primarily related to advisory fees, severance and settlement of share-based awards for certain Magellan employees, as well as bridge facility commitment fees.” 10-K for 2023
Our summaryIn 2023, the company incurred non-recurring costs including severance for certain Magellan employees, tied to the Magellan Acquisition.
Word for word“(b) - Primarily non-recurring costs related to advisory fees, severance and settlement of share based awards for certain Magellan employees and integrations costs, as well as bridge facility commitment fees associated with the Magellan Acquisition.” 10-K for 2024
Oneok 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 Oneok’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 2026-02-24. 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.