SLB layoffs, on the record
Every job cut, severance charge and restructuring SLB reported in its annual reports, 2023 to 2025, quoted from the filings.
Job cuts, severance and restructuring
Our summarySLB began a program to realign and optimize its support and service delivery structure, recording severance charges classified in Restructuring & other.
Word for word“During the second quarter of 2024, SLB commenced a program to realign and optimize its support and service delivery structure in certain parts of its organization.” 10-K for 2024
Our summarySLB recorded severance charges for workforce reductions in the second quarter of 2024.
Word for word“As a result, SLB recorded severance charges of $ 111 million during the second quarter, $ 65 million during the third quarter, and $ 61 million during the fourth quarter which are classified in Restructuring & other in the Consolidated Statement of Income .” 10-K for 2024
Our summarySLB said it may record additional workforce reduction charges in 2025 as it continues to realign and optimize its structure.
Word for word“SLB may record additional charges relating to workforce reductions in 2025 as it continues to realign and optimize its structure.” 10-K for 2024
Our summarySLB recorded charges for workforce reductions in 2025 to match its resources to activity levels and to realign and optimize its support and service delivery structure.
Word for word“• SLB recorded $ 407 million of charges relating to workforce reductions to align its resources with activity levels and to realign and optimize its support and service delivery structure.” 10-K for 2025
Our summaryIn the fourth quarter of 2025 SLB recorded other restructuring charges mainly for closing certain facilities and activities.
Word for word“• During the fourth quarter of 2025, SLB recorded $ 50 million of other restructuring charges primarily relating to the closure of certain facilities and certain activities.” 10-K for 2025
Our summarySLB recorded charges in 2025 tied to the Aker subsea acquisition, mainly IT costs and severance costs from the integration.
Word for word“• In connection with the October 2023 acquisition of the Aker Solutions (“Aker”) subsea business (see Note 6 – Acquisitions ), SLB recorded $ 101 million of charges during 2025, consisting primarily of costs associated with information technology, and severance costs associated with the integration.” 10-K for 2025
| Fiscal year ended | Severance costs | Restructuring charges |
|---|---|---|
| 2024-12-31 | — | $237 million |
| 2025-12-31 | $407 million | $457 million |
SLB filed 1 restructuring notice (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 SLB’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 2026-01-23. 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.