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

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   |    Sunday,December 13,2020

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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