Thread regarding Marathon Petroleum layoffs

Will there be Marathon Petroleum layoffs in 2021?

Might be the wrong company in the bellow post but it doesn't mean that it's a bad question for us as well.

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Post ID: @OP+185BNkUf

9 replies (most recent on top)

Hell, my wife is in realty in Findlay, and has heard from clients that there is a round coming in January/February. Number is set at 200 in Findlay. I've also talked to friends that work for contractors at the refineries (one at St. Paul, another at Detroit), and the contractors are hearing about it, too. Guarantee it's coming.

My guess (and it's a total guess) is that with Elliott in the boardroom, this isn't going to stop until the company has either

  1. ) moved to texas (Huge savings on payroll tax, much deeper bench of people - don't even have to pay to move the folks in Findlay, just layoff and rehire), or
  2. ) sold the company for parts (based on Hennigan's background, this is a possibility)
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Post ID: @Asif+185BNkUf

Post from TheLayoff.com

With that attitude we will definitely have more layoffs. No consumer confidence / no control of covid with vaccination means no money for MPC and no money for our salaries.
I am in finance and I can work in any industry out there no links to Ohio so I can move around too, can you?

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Post ID: @Aglj+185BNkUf

Co-workers are also hearing rumors of a January/February Round. Not sure how far reach or which sectors of the company. I've heard from two different co-workers from different locations across the nation on the same rumor. I have 13 months to go to reach age 50 and 11 years of service. I'm hoping I can make it that long.

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Post ID: @ddzj+185BNkUf

If other oil companies keep having layoffs, then Marathon will have to follow.

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Post ID: @7qph+185BNkUf

He can get in line first for the vaccine

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Post ID: @7ipi+185BNkUf

Mike was pretty clear in his message, our (and other O&G corps) revenue won't come back until consumer confidence comes back. We need all get vaccinated so people start flying to places and get cruises, business start taking business trips again and the overall tourism industry comes back again.
If that doesn't happen in 2021, we will have more layoffs, besides what it was already planned due to the companies integration.

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Post ID: @1yms+185BNkUf

Yes we need to cut G&A to fund trans and Q bathroom construction at every field office across the MPC/MPLX world.

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Post ID: @vcj+185BNkUf

So has there been any news or rumors?

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Post ID: @auz+185BNkUf

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