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Pioneer Natural Resources Layoff Over 200 Workers

Pioneer Natural Resources laid off more than 200 workers today – some 25% of its workforce.

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Seventy employees in the Permian Basin were cut and 160 at corporate headquarters in Irving, according to the Dallas Morning News.

That’s on top of 300 workers who took a buyout this year.

Pioneer is working to cut $100M from it’s overhead.

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