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Exxon lays off 59 workers, starts job cuts after Pioneer acquisition close

08/12/2024

Less than a minute

2024.08.12 18:06

By Sabrina Valle

HOUSTON (Reuters) -Exxon Mobil is laying off 59 employees, including 10 in the Permian Basin and 39 in Dallas, according to a filing with the Texas Workforce Commission.

The layoffs include workers from Pioneer Natural Resources (NYSE:)’ former headquarters in Las Colinas, according to the filing.

Exxon (NYSE:), which closed the $60 billion acquisition in May, had said that the majority of Pioneer’s 2,200 employees would receive job offers. The company did not immediately comment on the reason for the job cuts.

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08/12/2024

Less than a minute