Thread regarding Marathon Petroleum layoffs

Cutting to the bone, sitting on the cash mountain

Hard to understand the never ending drive for sites to cut budgets to the bone while MPC is looking to spend $9B more on buybacks, and has $7B in cash sitting with no plan.

Cutting wasteful spending makes great sense, but the ivory castle is starting to look like misers.

Let's hope the Q3 earnings shows some brilliance from the top floor that has been sorely lacking the past few years.

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