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Exxon, Texas and Pioneer
Nearly 400 jobs lost in $64B ExxonMobil acquisition of Texas company
ExxonMobil's acquisition of Pioneer Natural Resources results in nearly 400 job losses, despite offering roles to over 1,900 employees.
ExxonMobil to Shed Nearly 400 Texas Jobs Following $60 Billion Pioneer Acquisition
ExxonMobil plans to cut 400 jobs post-acquisition of Pioneer Natural Resources, with layoffs continuing until May 2026.
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.
Report: ExxonMobil to lay off nearly 400 Texas employees after Pioneer acquisition
ExxonMobil has announced plans to lay off nearly 400 employees from Pioneer Natural Resources Co., after purchasing the Irving, Texas-based operator for $63 billion earlier this year. The company will cut 376 jobs,
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 Worke
Exxon Mobil laying off nearly 400 Texas workers after Pioneer Natural merger
According to the company, the impacted workers were offered "transition roles." Layoffs will begin on Dec. 31, 2024, and extent through 2026.
ExxonMobil plans to cut nearly 400 jobs in Texas
The company plans to cut 376 jobs in Irving and 18 in Midland. Credit: rarrarorro/Shutterstock. ExxonMobil will reduce its workforce in Texas by nearly 400 positions following its acquisition of shale producer Pioneer Natural Resources,
Spring-based ExxonMobil laying off workers in North Texas, filing shows
ExxonMobil is laying off nearly 400 employees in Texas after it bought Irving-based Pioneer Natural Resources in a $59.5 billion deal earlier this year, filings with the Texas Workforce Commission show.
Exxon laying off almost 400 workers at Irving’s Pioneer Natural Resources
Oil giant and formerly Dallas-based ExxonMobil company is cutting 397 workers from recently acquired Pioneer Natural Resources, another blow to North Texas’ shrinking oil and gas sector. The layoffs come after ExxonMobil,
ExxonMobil to lay off nearly 400 Pioneer employees post-merger
ExxonMobil this week filed a Worker Adjustment & Retraining Notification (WARN) notice with the Texas Workforce Commission that it will be laying off almost 400 employees from Pioneer Natural Resources,
5h
on MSN
Occidental Petroleum Has Achieved 90% of This Crucial Goal. Time to Buy the Oil Stock?
The oil industry is currently undergoing a massive consolidation wave. Sector leader ExxonMobil kicked things off by ...
Bisnow
21h
Exxon Mobil Layoffs Could Dump 1.1M SF Dallas Office On The Market
Pioneer Natural Resources is the sole tenant of an Irving building now housing the bulk of almost 400 employees to be cut by Exxon Mobil.
5h
on MSN
Oil Glut Set to Thwart Trump’s Call to ‘Frack, Frack, Frack’
President-elect Donald Trump’s vows to “frack, frack, frack” are about to collide with a global crude glut that’s set to, ...
Zacks.com on MSN
3d
XOM Announces Workforce Restructuring Plans Post Pioneer Merger
Following the acquisition of Pioneer Natural Resources, Exxon Mobil plans to streamline the workforce and implement ...
1d
Exxon Mobil to Lay Off Nearly 400 Workers in Texas Following Pioneer Merger
Following its recent merger with Pioneer Natural Resources, Exxon Mobil has announced layoffs impacting nearly 400 employees in Texas.
Yahoo Finance
5d
Exxon Plans to Cut Almost 400 Pioneer Jobs in Texas by 2026
(Bloomberg) -- Exxon Mobil Corp. plans to lay off 397 employees from
Pioneer
Natural
Resources
Co. after purchasing the ...
Seeking Alpha on MSN
5d
Exxon to cut nearly 400 Pioneer employees in Texas by 2026
Exxon Mobil (NYSE:XOM) expects to lay off 397 employees from
Pioneer
Natural
Resources
, according to a notice to the ...
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