Phillips 66 is expected to lay off most workers at its 139,000-barrel-per-day Los Angeles-area refinery in December. This action precedes the company's previously announced plan to cease operations at the facility in the fourth quarter of 2025.
The layoffs will impact a significant portion of the approximately 600 employees and 300 contractors currently operating the refinery. This decision is a direct consequence of the company's strategic shift to rationalize its asset base and address the long-term sustainability challenges of the refinery.
The company had cited market dynamics and uncertainty regarding the refinery's future as key factors in its decision to close the facility. Phillips 66 is evaluating alternative uses for the 650-acre sites in Wilmington and Carson, California, following the cessation of refining operations.
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