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Parsley to Lay Off Austin Team as Part of Merger with Pioneer

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Parsley to Lay Off Austin Team as Part of Merger with Pioneer

Parsley Energy will lay off most of its Austin, Texas workforce as part of its sale to Pioneer Natural Resources, according to a notice to the Texas Workforce Commission posted on Friday.

Pioneer has agreed to acquire Parsley Energy for $7.5 billion (including debt).

The Parsley layoffs will affect 234 workers.  The layoff data is expected to be available on February 8, 2021.


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