Western Midstream Partners layoffs, on the record
Every job cut, severance charge and restructuring Western Midstream Partners reported in its annual reports, 2023 to 2025, quoted from the filings. Headcount went from 1,377 to 1,704.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2023 | 1,377 | December 31, 2023 |
| 10-K for 2024 | 1,511 | December 31, 2024 |
| 10-K for 2025 | 1,704 | December 31, 2025 |
Job cuts, severance and restructuring
Our summaryDeparture of Mr. Nebreda from the general partner, with severance under the Executive Severance Plan and prorated vesting of unvested awards.
Word for word“Upon Mr. Nebreda’s departure from the general partner on August 5, 2024, he received the following benefits under the ESP: cash severance of $1,390,500 payable in lump sum; a prorated annual target bonus for 2024 in the amount of $246,071 paid at the same time as other executives; up to two years of continued health and welfare benefits at the employee rates, valued at $58,589; and he is eligible for the reimbursement of up to nine months of outplacement services.” 10-K for 2024
Our summarySeparation of Michael P. Ure, who ceased performing services and received separation benefits under a Transition and Separation Agreement.
Word for word“Ure ceased to perform services for the Partnership and became entitled to receive certain payments and benefits (collectively “Separation Benefits”), subject to his continued compliance with the terms of the Transition and Separation Agreement.” 10-K for 2024
Our summaryAmendment of the Executive Severance Plan to change the definition of Cause and delay eligibility for newly hired or promoted participants.
Word for word“On February 20, 2025, the Western Midstream Partners, LP Executive Severance Plan was amended (as amended, the “Amended and Restated Executive Severance Plan”) to, among other things, modify the definition of “Cause” for purposes of determining eligibility for separation benefits, clarify the timing of payment of certain separation benefits, and provide that certain newly hired or promoted participants will not be eligible for separation benefits until 180 days from their date of hiring or promotion.” 10-K for 2024
Our summaryThe company recorded $104.6 million of severance payments as part of acquisition-related expenses tied to the Aris acquisition, which raised general and administrative expenses.
Word for word“General and administrative expenses increased by $127.4 million for the year ended December 31, 2025, primarily due to $120.5 million in acquisition-related expenses associated with the Aris transaction, including $104.6 million in severance payments and $15.9 million in professional services for financial advisory, legal, and other professional fees.” 10-K for 2025
Western Midstream Partners 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 Western Midstream Partners’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.