Categories: Business

Phillips 66 to lay off 277 workers as Los Angeles refinery winds down

By Nicole Jao NEW YORK, Feb 5 (Reuters) – Phillips 66 is set to lay off 277 employees as operations at the 139,000-barrel-per-day Los Angeles-area refinery wind down ahead of closure, filings to California's employment regulator show. The Houston-based refiner will terminate 122 employees at the Los Angeles-area refinery in April, a notice filed with the regulator on Monday showed. In a separate notice filed last month, the company said it will lay off 155 employees at the refinery.  Phillips 66 confirmed the WARN notices are in regard to the idling of the Los Angeles refinery. The company had said it would start winding down the refinery in late 2025, and workforce reduction would come two months later. The Los Angeles facility had about 600 employees and 300 contractors. Over half of the employees were hourly workers represented by the United Steelworkers Union. (Reporting by Nicole Jao in New York and Sumit Saha in Bengaluru; Editing by Shailesh Kuber, Kirsten Donovan)

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

Indianews Syndication

Recent Posts

Margot Robbie delves into the rollercoaster romance of ‘Wuthering Heights’

By Danielle Broadway and Rollo Ross LOS ANGELES, Feb 6 (Reuters) - Actor Margot Robbie…

5 minutes ago

Amazon shares sink as Big Tech's AI spending plans worry investors

Feb 6 (Reuters) - Amazon shares dropped 8% in premarket trading on Friday after the…

14 minutes ago

Ways to slice onions without your eyes watering

Bonn (dpa) - Onions work in almost every dish, bringing notes from the sweet and…

17 minutes ago

Exclusive-Amazon plans to use AI to speed up TV and film production

By Dawn Chmielewski and Greg Bensinger LOS ANGELES, Feb 4 (Reuters) - Amazon plans to…

29 minutes ago

US equity fund inflows ease as tech selloff weighs

Feb 6 (Reuters) - U.S. equity funds witnessed an easing of demand in the week…

36 minutes ago

Students protest against ICE in Milan ahead of Olympics opening ceremony

VIDEO SHOWS: TO FOLLOW  SHOWS: TO FOLLOW  STORY: TO FOLLOW  (The article has been published…

56 minutes ago