California Resources Corp. Lays Off Dozens in Bakersfield

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California Resources Corp. has issued layoff notices to 56 employees at two facilities in Bakersfield, California, as part of a restructuring following the company's acquisition of Berry Corp. last year. The positions affected include accountants, engineers, and executives.

Why it matters

The layoffs at California Resources Corp. reflect the ongoing consolidation in the oil and gas industry as companies seek to cut costs and become more efficient. The move also highlights the economic impact on Bakersfield, a city heavily dependent on the energy sector.

The details

According to a Worker Adjustment Retraining Notification (WARN) Act letter sent to the Kern County Board of Supervisors, the layoffs will impact employees at two California Resources Corp. facilities in Bakersfield - one on Ming Ave. and the other on River Run Blvd. The positions being eliminated include accountants, planning engineers, drilling engineers, facilities engineers, and several executive roles such as Vice President of Corporate Affairs, Vice President of Development, Vice President of Field Operations, and Vice President of Health, Safety and Environmental.

• California Resources Corp. acquired Berry Corp. in a $717 million all-stock deal last year.
• The company issued layoff notices to 56 employees on February 16, 2026.
• The affected employees will receive 60-day notices, with layoffs ranging from February 14 through October 31, 2026.