Oil giant Chevron is laying off almost 800 workers in the Permian Basin, according to a notice to the Texas Workforce Commission. The Midland County job cuts arrive after Chevron shared plans to jettison 15 to 20 percent of its global workforce by the end of 2026.

Chevron said it will lay off nearly 800 employees at its Permian Basin facilities in Texas, part of the company's plan to cut up to 20% of its global workforce by the end of 2026.

Chevron to lay off 200 workers in the Permian Basin, rectifying an earlier reported figure of 800 due to a reporting error.