Phillips 66 reveals more details about job cuts, return of capital, other transformation efforts

Philips 66 previously confirmed it was cutting jobs but did not provide details. Now, the company has revealed the number of jobs cut companywide, the savings expected from those cuts and more about its business transformation plans. Executives also announced an increases to the share repurchase program.

Phillips 66 reveals more details about job cuts, return of capital, other transformation efforts
Philips 66 previously confirmed it was cutting jobs but did not provide details. Now, the company has revealed the number of jobs cut companywide, the savings expected from those cuts and more about its business transformation plans. Executives also announced an increases to the share repurchase program.