Tenaris layoffs, on the record
Every job cut, severance charge and restructuring Tenaris reported in its annual reports, 2023 to 2025, quoted from the filings. Headcount went from 29,134 to 24,875.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 20-F for 2023 | 29,134 | 2023 |
| 20-F for 2024 | 25,874 | 2024 |
| 20-F for 2025 | 24,875 | 2025 |
Job cuts, severance and restructuring
Our summaryTenaris says temporary suspensions and facility closures led to employee layoffs during the oil crisis and the COVID-19 pandemic.
Word for word“Temporary suspensions of operations or closure of facilities generally lead to layoffs of employees, as was our case during the oil crisis and the COVID-19 pandemic, which may in turn give rise to labor conflicts and impact operations.” 20-F for 2023
Our summaryTenaris reported a reduction in personnel, mainly in Indonesia and Mexico, where many temporary project-based employees from the Mattr pipe coating acquisition left after their contracts ended and functions were restructured.
Word for word“Approximately half of this reduction was due to employees who joined the company following the acquisition of Mattr’s pipe coating business, with temporary project-based contracts that, in many cases, ended during that year.” 20-F for 2024
Tenaris 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 Tenaris’s annual reports (20-F for 2025, 20-F for 2024, 20-F for 2023) and the financial data it files with the SEC, as of 2026-03-31. 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.