Exxon Mobil to lay off nearly 400 Texas employees
The Business Journals · 2d
Exxon Mobil to lay off nearly 400 Texas employees as a result of Pioneer acquisition
Spring-based Exxon Mobil Corp. (NYSE: XOM) is laying off 397 Texas employees as a result of its $59.5 billion acquisition of Pioneer Natural Resources, the company said in a Worker Adjustment and Retraining Notification Act letter sent to the Texas Workforce Commission.
Crude Oil Prices · 1d
Exxon Set to Slash Jobs at Pioneer Natural Resources by 20%
Exxon will reduce the headcount at Pioneer Natural Resources by some 397 over the next two years, reducing the number of employees by 20%. The move follows Exxon’s megadeal for the acquisition of Pioneer, which had a final price tag of around $62 billion.
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