Exxon reports 59 job losses at Texas agency following the acquisition of Pioneer

Exxon Mobil laid off 59 employees following the acquisition of Pioneer Natural Resources for $60 billion, according to an application filed with the Texas Workforce Commission.

Exxon has confirmed that more than 1,500 Pioneer workers will be offered new jobs as a result of the merger. Around 2,200 people worked for Pioneer.

According to the filing, 39 workers were laid off from Las Colinas in Irving, Texas - a Dallas suburb that was home to Pioneer Natural Resources’ former headquarters. Exxon didn't say how many people of the 59 would be laid off or how many would get new jobs with the company.

The company stated that employees who received warnings were either offered a transition role or declined an offer to join Exxon.

According to the notification, the job cuts this month include 18 workers in Midland, located within the Permian basin, and 2 from Concho Valley. Both are located in West Texas.

The merger brought together more than 850,000 acres of net land in the Midland Basin from Pioneer and Exxon, as well as 570,000 acres in both the Delaware and Midland Basins. Reporting by Sabrina Valle, Liz Hampton and Leslie Adler; Editing by Marguerita Choy, David Gregorio and Leslie Adler)

(source: Reuters)