Exxon Reports Layoffs Following Pioneer Acquisition: Impacts on Texas Employment

Monday, 12 August 2024, 21:35

Exxon reports layoffs following the Pioneer acquisition, impacting 59 employees. The $60 billion merger offered jobs to over 1,500 Pioneer staff. Learn more about the implications.
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Exxon Reports Layoffs Following Pioneer Acquisition: Impacts on Texas Employment

Exxon Reports Layoffs Following Pioneer Acquisition

HOUSTON (Reuters) - Exxon Mobil issued a layoff notice to 59 employees as part of its workforce reshuffle following its $60 billion acquisition of Pioneer Natural Resources, according to a filing with the Texas Workforce Commission. Exxon said more than 1,500 Pioneer employees were offered jobs as part of the merger. Pioneer had roughly 2,200 employees.

  • Impact of Layoffs
  • Merger Details
  • Future Employment Opportunities

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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