WPX Energy plans layoffs; Colorado operations hit hard

WPX Energy Inc. said Monday it will lay off about 83 employees companywide, shrinking its workforce by 8 percent, and slash its Denver employee count 90 percent as low commodity prices continue to hammer energy companies nationwide.

WPX (NYSE: WPX), based in Tulsa, had about 1,050 employees prior to Monday, the layoffs will take the count down to about 900.

WPX CEO Rick Muncrief said in a statement that “These are tough decisions that impact good people – people who have worked hard and done…