Select Water Solutions layoffs, on the record
Every job cut, severance charge and restructuring Select Water Solutions reported in its annual reports, 2023 to 2025, quoted from the filings. Headcount went from more than 4,200 to approximately 3,300.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2023 | more than 4,200 | December 31, 2023 |
| 10-K for 2024 | more than 3,700 | December 31, 2024 |
| 10-K for 2025 | approximately 3,300 | December 31, 2025 |
Job cuts, severance and restructuring
Our summaryThe company incurred severance cost in connection with the termination of its former chief executive officer, paid in full during 2021.
Word for word“During the year ended December 31, 2021, the Company incurred $ 3.2 million of severance cost in connection with the termination of its former chief executive officer, which was paid in full during 2021.” 10-K for 2023
Our summaryThe company paid severance to its former Chief Financial Officer after terminating that officer's employment.
Word for word“During the year ended December 31, 2024, the Company incurred $ 0.6 million of severance in connection with the termination of its former Chief Financial Officer, included in selling, general and administrative within the consolidated statements of operations and $ 0.2 million is included in accrued salaries and benefits as of December 31, 2024.” 10-K for 2024
Our summaryThe company recorded severance expense for terminating certain former management employees as part of a reorganization, with part still owed at year end.
Word for word“Severance: During the year ended December 31, 2025, the Company incurred $ 1.5 million of severance expense in connection with the termination of certain former management employees related to a reorganization, included in selling, general and administrative within the consolidated statements of operations and $ 0.8 million is included in accrued salaries and benefits as of December 31, 2025.” 10-K for 2025
Our summaryThe company recorded severance costs for the termination of its former Chief Financial Officer, fully paid by mid-2025.
Word for word“During the year ended December 31, 2024, the Company incurred $ 0.6 million of severance in connection with the termination of its former Chief Financial Officer, included in selling, general and administrative within the consolidated statements of operations and which has been fully paid as of June 30, 2025.” 10-K for 2025
| Fiscal year ended | Severance costs | Cash paid for restructuring |
|---|---|---|
| 2018-12-31 | $1.2 million | — |
| 2019-12-31 | $1.7 million | — |
| 2020-12-31 | $7.2 million | — |
| 2021-12-31 | $3.2 million | $100,000 |
| 2024-12-31 | $648,000 | — |
| 2025-12-31 | $1.5 million | — |
Select Water Solutions 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 Select Water Solutions’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.