Westlake layoffs, on the record
Every job cut, severance charge and restructuring Westlake reported in its annual reports, 2023 to 2025, quoted from the filings. Headcount went from approximately 15,520 to approximately 14,600.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2023 | approximately 15,520 | December 31, 2023 |
| 10-K for 2024 | approximately 15,540 | December 31, 2024 |
| 10-K for 2025 | approximately 14,600 | As of December 31, 2025 |
Job cuts, severance and restructuring
Our summaryWestlake recorded restructuring, transaction and integration-related costs in 2023, mainly for restructuring and integration tied to plant closures from its manufacturing footprint optimization efforts.
Word for word“Restructuring, Transaction and Integration-related Costs . Restructuring, transaction and integration-related costs decreased by $5 million to $28 million in 2023 from $33 million in 2022.” 10-K for 2023
Our summaryWestlake recorded restructuring-related costs tied to plant closures from its manufacturing footprint optimization efforts in 2023, as described in the notes.
Word for word“For the years ended December 31, 2023, 2022 and 2021, the restructuring, transaction and integration-related costs of $ 28 , $ 33 and $ 21 , respectively.” 10-K for 2023
Our summaryMothballing of the allyl chloride and epichlorohydrin units at the Pernis, Netherlands site, with employee severance and separation expenses recorded.
Word for word“The Units are expected to temporarily cease operations in 2025.” 10-K for 2024
Our summaryThe company accrued expenses for mothballing the Pernis units, covering environmental remediation, plant mothballing and employee severance and separation.
Word for word“During 2024, the Company accrued expenses of approximately $75 million related to mothballing of the Units that consisted of charges for environmental remediation and other plant mothballing expenses of approximately $71 million and of employee severance and separation expenses of approximately $4 million.” 10-K for 2024
Our summaryRestructuring, transaction and integration-related costs were recorded in 2024, mainly for the Pernis mothballing.
Word for word“Restructuring, transaction and integration-related costs increased by $63 million to $91 million in 2024 from $28 million in 2023.” 10-K for 2024
Our summaryRestructuring and integration costs in 2023 were tied to plant closures from the manufacturing footprint optimization efforts.
Word for word“The costs in 2023 are restructuring and integration costs primarily related to plant closures resulting from the Company's manufacturing footprint optimization efforts.” 10-K for 2024
Our summaryWestlake closed chlor-alkali, VCM, PVC and styrene plants in Louisiana and Mississippi and recorded total closure costs including employee severance and separation costs.
Word for word“The total costs recognized in the fourth quarter of 2025 and reflected in the PEM segment operating results as a result of these closures was $393 million, of which $386 million was included in restructuring, transaction and integration-related costs and $7 million related to write-downs of inventory that was included in costs of sales in the Company's consolidated statements of operations.” 10-K for 2025
Our summaryWestlake recorded employee severance and separation costs as part of the closure of the Pernis, Netherlands facility, with total 2025 costs of $247 million.
Word for word“The total costs recognized in 2025 of $247 million consisted of charges for asset retirement obligations of $98 million, contract termination and other plant closure costs of $111 million and employee severance and separation costs of $23 million, which are included in the restructuring, transaction and integration-related costs, and the write-down of inventory of $15 million, which is included as a component of cost of sales in our consolidated statement of operations.” 10-K for 2025
Our summaryWestlake closed the PVC calendar products unit at the Suzhou Huasu Plastics facility in China and recorded closure expenses.
Word for word“We recognized expenses of $9 million in 2025 relating to the closure, which is included in restructuring, transaction and integration-related costs.” 10-K for 2025
| Fiscal year ended | Restructuring charges |
|---|---|
| 2019-12-31 | $26 million |
| 2020-12-31 | $34 million |
| 2024-12-31 | $75 million |
Westlake filed 4 restructuring notices (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 Westlake’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 2026-02-26. 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.