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Phillips 66's Los Angeles Refinery Layoffs to Begin in December, Sources Say

Summary by Oil Price
U.S. refining giant Phillips 66, which will close its LA refinery later this year, will lay off in December most of the workers at the plant, Reuters reports, citing sources with knowledge of the plans.   Last October, Phillips 66 said it would shut down its refinery in the Los Angeles area in the fourth quarter of 2025, due to “market dynamics.” Approximately 600 employees and 300 contractors currently operate the Los Angeles-area refinery, Phi…

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ReutersReuters
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Phillips 66's Los Angeles refinery layoffs to begin in December, sources say

·United Kingdom
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Bias Distribution

  • 67% of the sources are Center
67% Center
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Seeking Alpha broke the news in United States on Friday, May 23, 2025.
Sources are mostly out of (0)