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Colonial Pipeline to cut jobs, sources say
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Colonial Pipeline to cut jobs, sources say
Oct 10, 2025 6:44 AM

*

Colonial informed employees of changes this week -

statement

*

Job cuts follow takeover of Colonial by asset manager

Brookfield

*

No operational impact from changes, Colonial says

By Shariq Khan

NEW YORK, Oct 9 (Reuters) - The Colonial Pipeline

Company, operator of the largest U.S. fuel transportation

system, informed employees this week it is planning to cut some

jobs, according to two sources familiar with the matter and a

company statement.

"We shared with our employees this week that a recent review

to ensure our organization is best aligned to continue safely

meeting our business strategy and priorities will result in

changes to various team structures and some individual roles,"

the company said in response to Reuters queries about the job

cuts.

The scope of the job cuts could not be learned immediately.

Colonial Pipeline declined to say how many jobs would be cut.

The changes come just months after New York-based asset manager

Brookfield Infrastructure Partners ( BIP/PA ) took over Colonial in

a deal valued at about $9 billion, becoming the first sole owner

of the over 5,500-mile pipeline network since its construction

in the 1960s.

The company was previously owned by European oil major Shell

, investment firm KKR, Canadian pension fund

Caisse de dépôt et placement du Québec, private U.S.

conglomerate Koch's investments arm, and asset manager IFM

Investors.

Colonial, which moves over 2.5 million barrels per day of fuel

from the U.S. Gulf Coast to top consumption centers across the

country's East Coast, said the changes will not affect its

operations.

"The changes do not affect our commitment to providing safe,

reliable, and responsible fuel transportation services for more

than 50 million Americans daily," it said in the statement.

Colonial this year has made efforts to raise the amount of

fuel it can move on its network through a combination of

operational enhancements and changes to the way products are

placed and delivered on its system, although the latter

attracted protests from its shippers.

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