The new tax code limits the deduction of state and local property taxes, as well as income or sales taxes, to a total of $10,000. When the tax reform legislation was put into law at the beginning of
XTO Tells Texas Workforce Commission 1200 Jobs Will Be Moved To Houston By July 1
XTO Energy, a subsidiary of ExxonMobil since 2010, recently told the Texas Workforce Commission that 1,200 employees will be gone from its downtown Fort Worth headquarters and moved to near Houston by July 1.
In June 2017, XTO Energy announced it would relocate to the ExxonMobil campus to the Houston area. It filed required paperwork with the Workforce Commission May 8 and made public Tuesday.
XTO spokesman Jeremy Eikenberry said Wednesday another 400 employees working on special project won't be relocated to Houston until mid-2020.
"After those moves are complete, we anticipate there will be approximately 350 Central Division employees who will remain in Fort Worth," he said.
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