Exxon Mobil will cut nearly 400 jobs in Texas following its purchase of shale producer Pioneer Natural Resources, according to a regulatory filing.

More than 1,900 Pioneer employees were offered jobs as part of the merger, with "well over a majority" accepting offers, Exxon said in the letter. The "WARN Notice is being issued due to the number of employees that have either been offered transition roles or that have declined offers to join ExxonMobil,

Exxon Mobil (NYSE:XOM) expects to lay off 397 employees from Pioneer Natural Resources, according to a notice to the Texas Workforce Commission released on Wednesday, after purchasing the company for $63B earlier this year.

President-elect Donald Trump campaigned on a platform to significantly ramp up U.S. oil production and bring down the cost of energy, but the head of the nation’s largest energy company is doubtful he can make good on that promise.

Darren Woods was one of only a few Western oil executives attending a global climate conference in Baku, Azerbaijan.