TEXAS, USA — 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.
The Spring, Texas-based multinational oil and gas corporation will lay off 367 workers in Las Colinas, and 18 in Midland, according to Texas Workforce Commission filings.
More than 1,900 Pioneer employees were offered jobs as part of the merger and a majority accepted their officers, the Worker Adjustment and Retraining Notification (WARN) notice letter reads.
"Our employment strategy has not changed - the success of this merger depends heavily on the retention of Pioneer's talented workforce," the WARN letter said.
The WARN notice letter was issued “due to the number of employees that have either been offered transition roles or that have declined offers to join ExxonMobil, and, in both cases, will be separated under" Pioneer's severance plan, the letter states.
Exxon plans to release 110 employees by the end of this year, 178 throughout 2025 and the remainder in 2026, according to the letter.
The news comes about three months after Exxon announced it was laying off 59 employees Sept. 30, with the majority of those also coming from the former Pioneer Natural Resources headquarters in Las Colinas.
At the time of that WARN letter, Exxon had offered jobs to 1,500 Pioneer employees as part of the merger.
Exxon closed its acquisition of Pioneer Natural Resources in May and it was the largest deal for the company since it acquired Mobil in 1999.
