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© Reuters. FILE PHOTO: The Phillips 66 gasoline station in Superior, Colorado, U.S., July 27, 2017. REUTERS/Rick Wilking/File Picture
(Reuters) – Refiner Phillips 66 (NYSE:) mentioned on Wednesday, it plans to scale back its worker headcount by 1,100 to assist reduce prices and meet its financial savings goal of $500 million by end-2022.
Phillips, which had 14,00 staff in 2021 in line with an organization presentation, expects to chop employees to 12,900 by the top of this 12 months.
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