XTO Energy Moving Out Of Fort Worth, Taking 1,000+ Jobs

FORT WORTH (CBSDFW.COM) – XTO Energy headquarters on Houston Street plans to leave Fort Worth, taking more than 1,000 jobs out of North Texas.

The energy company plans to consolidate operations at its Houston campus.

In a statement from the Fort Worth Chamber of Commerce, President and CEO Bill Thornton wrote: “XTO Energy, a home-grown legacy company, has been an outstanding industry leader, a generous community supporter and excellent steward of historic buildings in downtown Fort Worth for decades. It’s hard to hear the announcement of their move.”

The statement goes on to say: “Fortunately, Fort Worth’s diversified economy is prepared to absorb industry changes like this. And XTO’s painstakingly refurbished buildings, plus a new parking garage, leave us well-positioned to market the space to expanding and relocating companies.”

The company reportedly plans to move all but 350 employees with the first 1,200 leaving by June 2018.


from Tumblr http://ift.tt/2szSXUQ


from Tumblr http://ift.tt/2sli3EN


from Tumblr http://ift.tt/2rGKzyC


from Tumblr http://ift.tt/2sDba4z

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s