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Houston19514

XTO Moving to Houston

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Houston19514    2207
Posted (edited)

https://www.dallasnews.com/business/exxon-mobil/2017/06/16/xto-moving-1600-jobs-fort-worth-exxon-mobil-campus-near-houston

 

The Dallas Morning News reports that Exxon Mobil is moving their XTO subsidiary to the Houston campus.  1600 jobs will be relocated from Ft Worth to Houston.

 

Shhhhh.  Don't tell the Chronicle... Let's see how long it takes them to report this news.

Edited by Houston19514
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H-Town Man    1964

I would trade back the employees if we could get those buildings they were in. Very nice.

 

I wonder if this is to some extent a cost-cutting move, to be able to sell off that real estate in downtown Fort Worth. I don't know if Exxon made any job cuts during the downturn, but perhaps there is empty space in the new campus, such that they saw an opportunity to shuffle things around and liquidate assets.

 

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