Thread regarding Phillips 66 layoffs

What will the net affect be

In terms of P66 personnel after it is all done? In other words, what is your guess in total losses in percentage terms? 5% reduction?

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Post ID: @OP+1j0t2cX1

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I'm guessing 10%, based totally on the budget reductions I'm seeing in the different departments I interface with. Granted a total WAG, my guess is some groups are hit a lot worse than others. Like, I'd expect refinery project groups to be hit pretty hard based on their announced central refinery project group, maybe more IT centralization/outsourcing?

Long story short, wait a couple weeks and we'll all know...

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