financetom
Business
financetom
/
Business
/
Oil refiner Phillips 66 plans job cuts
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Oil refiner Phillips 66 plans job cuts
Aug 6, 2024 8:47 AM

NEW YORK, Aug 6 (Reuters) - U.S. oil refiner Phillips 66

plans to eliminate jobs to advance its strategic

priorities and improve workforce efficiency, the company said on

Tuesday.

"Phillips 66 continues to look to ways to position our

organization to help advance its strategic priorities and enable

more efficient ways of working," a company spokesperson said.

"As a result, some positions are being eliminated."

The total reductions amount to less than 1% of the company's

employee count, the spokesperson said.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Constellation Brands Closes Sale of Wine Brands; Issues Early Redemption Notice for 2025, 2026 Notes
Constellation Brands Closes Sale of Wine Brands; Issues Early Redemption Notice for 2025, 2026 Notes
Jun 2, 2025
05:00 PM EDT, 06/02/2025 (MT Newswires) -- Constellation Brands ( STZ ) said Monday that it closed the sale of several mainstream wine brands, along with related vineyards and facilities, to The Wine Group. The brands sold include Woodbridge, Meiomi, Robert Mondavi Private Selection, Cook's, SIMI, and J. Roget sparkling wine. The company said its retained wine portfolio includes wines...
OR Royalties Shares Positive Updates on South Railroad Project
OR Royalties Shares Positive Updates on South Railroad Project
Jun 2, 2025
05:00 PM EDT, 06/02/2025 (MT Newswires) -- OR Royalties ( OR ) (OR.TO, OR) after close of trade Monday provided asset updates on its Nevada, Mexico and British Columbia mining properties. On May 19, Osisko Bermuda Limited (OBL), a subsidiary of OR Royalties ( OR ), completed the acquisition of a silver stream from a fund managed by Orion Resource...
HCI Completes Catastrophe Reinsurance Programs
HCI Completes Catastrophe Reinsurance Programs
Jun 2, 2025
05:04 PM EDT, 06/02/2025 (MT Newswires) -- HCI (HCI) said Monday it has completed its catastrophe reinsurance programs for the 2025-2026 treaty year, which is from June 1 through May 31, 2026. The company secured more than $3.5 billion in excess of loss aggregate limit and full reinstatement premium protection for three reinsurance towers, it said. HCI's reinsurance subsidiary Claddaugh...
Copyright 2023-2026 - www.financetom.com All Rights Reserved