Oklahoma operations of Phillips 66 are among those where workers have been laid off as the company moves forward with plans to meet 2022 cost savings of $500 million.
Reuters indicated some of the layoffs happened at the company’s Ponca City refinery. The company did not reveal how many workers were let go.
“These reductions were communicated to employees in late October,” Phillips spokesperson Bernardo Fallas told Reuters. The company indicated that nationwide, there were about 1,100 workers who were affected.
The latest layoffs came on the heels of 50 workers at the Phillips 66 operations in Bartlesville who lost their jobs in late October. The Bartlesville Examiner-Enterprise reported the 50 were among the company’s 1,400 employees at the Bartlesville operation.
The paper quoted Janet Hardy, director of communications and public affairs for Phillips 66 Bartlesville that the company was “undergoing a companywide effort to optimize its cost structure and reimagine its operating model to enable sustainable savings.”
Hardy also said the Bartlesville facility continues to be a valuable location for the company’s business operations and innovative center organizations.