ProFrac Holding layoffs, on the record
Every job cut, severance charge and restructuring ProFrac Holding reported in its annual reports, 2023 to 2025, quoted from the filings. Headcount went from 2,949 to 2,280.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2023 | 2,949 | December 31, 2023 |
| 10-K for 2024 | 3,077 | December 31, 2024 |
| 10-K for 2025 | 2,280 | December 31, 2025 |
Job cuts, severance and restructuring
Our summaryRecorded severance charges tied to the departure of two executives.
Word for word“Severance charges in 2023 related to the departure of two executives.” 10-K for 2023
Our summaryEntered into a severance agreement with the former Chief Legal Officer, who resigned.
Word for word“In September 2023, Robert Willette resigned as our Chief Legal Officer, Chief Compliance Officer, and Corporate Secretary.” 10-K for 2023
Our summaryPaid acquisition-related severance costs in connection with the FTSI acquisition and integration of its operations.
Word for word“Additionally, we incurred $ 9.3 million in severance costs in connection with the FTSI acquisition, which are classified in acquisition related expenses in the consolidated statements of operations.” 10-K for 2023
Our summaryRecorded severance charges related to the departure of certain highly-compensated employees, reported within other operating expenses, net.
Word for word“Severance charges related to the departure of certain highly-compensated employees.” 10-K for 2024
Our summaryIncurred acquisition-related severance expenditures within acquisition and integration costs.
Word for word“Acquisition and integration costs consist of professional and advisory fees, acquisition related severance expenditures, and other costs associated with acquisition and integration activities.” 10-K for 2024
| Fiscal year ended | Severance costs |
|---|---|
| 2021-12-31 | $500,000 |
| 2023-12-31 | $1.1 million |
| 2024-12-31 | $2.5 million |
| 2025-12-31 | $400,000 |
ProFrac Holding 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 ProFrac Holding’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 2026-03-13. 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.