Exxon Plans to Cut Almost 400 Pioneer Jobs in Texas by 2026
- Cuts will come mainly in Pioneer’s Irving and Midland offices
- More than 1,900 Pioneer employees were offered Exxon roles
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Exxon Mobil Corp. plans to lay off 397 employees from Pioneer Natural Resources Co. after purchasing the Permian Basin operator for $63 billion earlier this year.
The cuts representing almost 20% of Pioneer’s pre-merger staff will come in seven stages between now and May 2026, Exxon said in a notice to the Texas Workforce Commission released on Wednesday. They will mostly affect employees in Pioneer’s offices in the Dallas suburb of Irving and the West Texas town of Midland, according to the notice.