Laid off from SLB.
SLB booked $237 million of severance in 2024 and $407 million for workforce reductions in 2025, with no headcount on record for either year. Our tracker has nothing from SLB dated 2025 or later, so the 10-K is where these cuts leave a trace.
At a glance
What's known about SLB severance and layoffs
- 17 all-time, none since January 2025 · WARN filings our tracker matches to SLB and the companies it owns
- $407 million · SLB workforce-reduction charges, 2025
- $237 million · SLB severance charges, 2024
- $110 million, primarily ChampionX · SLB merger and integration charges through June 2026
- More than 7,000 · ChampionX employees joining SLB, July 2025
- $59 million in 2025 · SLB's ChampionX change-in-control, stock compensation and retention costs
- More than 21,000, about a quarter of staff · SLB job cuts disclosed July 2020
Recent SLB layoffs
SLB booked $110 million in merger charges through June 2026, mostly for ChampionX
SLB recorded $41 million of charges in 2026's first quarter and $69 million in its second, primarily in connection with its July 2025 acquisition of ChampionX, all classified as merger and integration costs. The note lists no other charge for 2026, after a 2025 in which workforce-reduction charges reached $407 million. Nothing from SLB dated 2026 has reached our tracker.
Previous rounds
SLB layoff history
SLB's recent cuts are easier to price than to count, which is cold comfort if yours was one of them. In the second quarter of 2024 the company began a program to realign and optimize its support and service delivery structure in parts of the organization, then recorded $111 million, $65 million and $61 million of severance over three quarters. In February 2025 an internal email announced a new performance function under a new chief performance officer, reaching from security and operational integrity to global business services, and a source told Reuters the workforce reductions were continuing. How many people the reorganization would cut wasn't immediately clear.
The 2025 10-K puts that year's workforce-reduction charges at $407 million, to align resources with activity levels and to realign the support and service delivery structure, booked in every quarter at $158 million, $66 million, $57 million and $126 million. The same note records $50 million in the fourth quarter for closing certain facilities and activities, and $101 million for integrating the Aker subsea business SLB took on in 2023, mostly information technology and severance costs. A spokesperson told Reuters that adapting the operating structure and accelerating efficiency programs are "proactive, continuous processes" that move with business conditions.
ChampionX is the newest piece of the record. SLB closed the deal on July 16, 2025, bringing in more than 7,000 employees in its largest acquisition since 2016. It recorded $59 million that year for change-in-control arrangements, accelerated stock compensation and retention, and said at closing it expected about $400 million a year in pretax synergies within three years, from revenue growth and cost savings. Merger and integration charges kept coming in 2026, $110 million through June, primarily for ChampionX. Every filing our WARN tracker holds under SLB, ChampionX or Apergy, which merged with Ecolab's former upstream energy business to create ChampionX in 2020 predates 2025.
The larger rounds on record came in oil downturns. In January 2016, alongside a $1 billion quarterly loss, the company said it would cut 10,000 more jobs from a staff of 95,000, taking its cuts since November 2014 to 34,000. In July 2020 it disclosed more than 21,000 job cuts and more than $1 billion in severance, and CEO Olivier Le Peuch called that quarter probably the most challenging in decades. That spring the cuts reached named sites. Schlumberger Technology Corporation told Alaska's labor department it was laying off North Slope workers from April 22 through June 2020, Cameron Drilling in Moore filed with Oklahoma for 59 layoffs in June and 15 in July, and the company announced it was shutting both Cameron plants in Kenedy and Corpus Christi, Texas. Our tracker matches 17 filings all-time to SLB and the companies it owns now, including Cameron and ChampionX-lineage filings made before SLB owned those companies.
When the federal WARN Act covers a closing or mass layoff, affected workers are owed written notice 60 days ahead, and a worker whose employer skipped the notice the law required may have a damages claim covering back pay and benefits, up to 60 days' worth, depending on how much notice actually came. The law reaches employers with at least 100 full-time workers, and a site closing qualifies once 50 or more full-time workers are laid off, and the 60 days carry exceptions. Alaska's 2020 letter apologized for not giving more advance notice. If your notice gave you less than 60 days, keep it with the day it arrived and your separation date. Those dates, together with the size of the cut at your site, are what show whether WARN applied, whether an exception fits, and whether the required notice fell short.
Reporting on previous SLB layoff rounds
2025, workforce-reduction charges in every quarter · $158 million, $66 million, $57 million and $126 million, $407 million for the year, to align resources with activity levels and realign support and service delivery, with no headcount in the filing
February 2025, global reorganization · An internal email announced a new performance function under a new chief performance officer, and a source told Reuters the workforce reductions were continuing. How many workers would go wasn't immediately clear
2024, support and service delivery realignment · A program begun in the second quarter in parts of the organization, with severance charges of $111 million, $65 million and $61 million over three quarters
July 2020, worldwide · More than 21,000 jobs, about a quarter of the workforce, disclosed in a regulatory filing on July 24
Terms not published. Severance topped $1 billion in total, with most of the payout planned for the second half of 2020.
May 2020, Houston and the Cameron plants in Kenedy and Corpus Christi, Texas · Workforce cuts in Houston and the closing of both Cameron facilities, with no job count released
April 2020, Cameron Drilling, Moore, Oklahoma · 59 layoffs set for June 23 and 15 for July 20 in a WARN notice to Oklahoma's workforce office
April 2020, Alaska North Slope · Permanent layoffs from April 22 through June 2020, in a notice amended three times, covering mechanics, equipment operators, and M-I drilling fluids and environmental specialists among others
Terms not published. The notice said no union represented the workers and they had no bumping rights.
January 2016, worldwide · 10,000 more jobs from a staff of 95,000, taking cuts since November 2014 to 34,000, or 26% of the original workforce
What to do after being laid off from SLB
- File for unemployment in the state where you worked. Benefits run from your filing date, and severance usually doesn't block you. SLB's biggest hubs: Texas, Oklahoma, Alaska. Somewhere else? Every state is here.
- Apply for financial and hardship assistance. Unemployment supplements income, but food benefits, health coverage and utility help are often available as well. Here's some of what SLB's hub states run: Texas, Oklahoma, Alaska, and every other state is here.
- Mind the health insurance window. Losing coverage opens a 60-day special enrollment period, and an ACA plan usually beats unsubsidized COBRA. Compare your options before the employer coverage lapses, and read how the COBRA clocks run if you are weighing it seriously.
- Get your real runway number. Severance plus savings divided by reality. The calculator takes five minutes.
- Know which clocks are already running. Severance review windows, COBRA election, visa grace periods, and 401(k) rollovers all run on federal deadlines that started at termination. All five deadlines are here.
SLB layoff and severance questions
Is SLB laying off workers in 2026?
The newest filing our tracker matches to SLB predates 2025, so it holds nothing for 2026. SLB's filings for the first half of 2026 record $110 million of merger and integration charges, primarily tied to ChampionX, and no other charge line for those quarters.
How many people did SLB lay off in 2025?
No count is on record. When Reuters reported the February 2025 reorganization, it wasn't immediately clear how many workers would be laid off. SLB's 10-K puts 2025 workforce-reduction charges at $407 million, against a workforce of roughly 111,000 as of February 2024.
Did SLB lay off ChampionX employees after buying the company?
The record we track doesn't establish whether SLB laid off ChampionX employees after the deal. Our tracker's SLB count includes ChampionX and Apergy, which merged with Ecolab's former upstream energy business to create ChampionX in 2020, and none of those filings is dated 2025 or later. ChampionX brought more than 7,000 employees. SLB recorded $59 million in 2025 for change-in-control arrangements, accelerated stock compensation and retention tied to the deal and $110 million of merger and integration charges through June 2026, primarily for ChampionX, and neither figure is a layoff headcount.
What severance does SLB give laid-off employees?
Nothing in the reporting we track sets out SLB's per-person terms. What's on record are company totals, more than $1 billion for more than 21,000 job cuts in 2020 and $237 million in 2024, with no breakdown by person. Before you sign, check your separation letter for the weeks of pay, the day your benefits stop, and which claims the release makes you drop.
Where do I file for unemployment after being laid off from SLB?
In the state where you worked, not where the company is headquartered. SLB's biggest U.S. hubs are Texas, Oklahoma, Alaska. Severance usually doesn't block you from filing, and benefits run from your filing date, so file the same week.
Is it OK to file for unemployment after a layoff at SLB?
Yes. Unemployment insurance is funded by payroll taxes employers pay on wages, the claim never appears on credit reports or background checks, and future employers cannot see it. If the hesitation itself is the obstacle, whether filing is OK has its own article.
What happens to my health insurance after a layoff at SLB?
Your plan sets the end date rather than the law, so the separation packet is where that date actually lives, and it is often the last day of the month rather than your last day of work. After coverage ends, COBRA lets you keep the identical plan by paying the whole premium yourself, up to 102 percent of what the plan really costs, which lands as several times the payroll deduction you were used to. You get 60 days to elect, counted from the later of coverage ending or the election notice arriving, and electing reaches the coverage back to the day the old plan stopped so no gap exists. How continuation coverage works walks the timing, and whether to take it rather than a marketplace plan is a separate decision.
Should I sign the severance agreement right away?
First pin down how much review time you actually have. If you're 40 or older, federal law gives you 21 days to consider an agreement that waives age claims, 45 in a group layoff, and a waiver signed under a shorter deadline can be invalid. If you're under 40, no federal window applies and the deadline in your packet may be real, so confirm it in writing and ask for more time if you need it. Use whatever window you have to read the release terms, especially non-disparagement and no-lawsuit clauses, and don't stall past a real deadline, because offers can be withdrawn.
Can I collect unemployment if I got severance from SLB?
Usually yes, though some states delay benefits until severance pay periods end, and lump sums are treated differently than salary continuation. Check your state's rules on our state benefit pages, and file immediately either way so your claim date is locked in.