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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.

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