Exxon Mobil To Cut 400 Texas Jobs In Stages Through 2026

Exxon Mobil Corp (NYSE:XOM) is set to lay off nearly 400 employees in Texas, following its acquisition of Pioneer Natural Resources earlier this year.

The downsizing plan includes 376 job cuts in Irving, Texas, and an additional 18 in Midland, according to Reuters, which cited information from the Texas Workforce Commission.

Exxon had extended job offers to almost 1,900 Pioneer employees as part of the merger agreement.

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The company plans to lay off 110 employees ...

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