Refiner Phillips 66 cuts staff at terminals, refineries, offices -sources by Stocksak

© Stocksak. FILE PHOTO – The Phillips 66 gas station at Superior, Colorado, U.S.A, July 27, 2017. REUTERS/Rick Wilking

HOUSTON (Stocksak). – U.S. oil refiner Phillips 66 has begun cutting employees at various refineries, refined product terminals, and offices as part a restructuring program. Two people familiar with the matter said this.

A small number of salaried employees working in management and higher-level technical service workers will be affected by the job cuts. According to people, a small number of hourly workers will also be affected by the job cuts.

A spokesperson declined to comment immediately.

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