Tag: social and economic status
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This oil refiner is cutting 1,100 jobs — and giving billions of dollars to its shareholders
New York CNN — Phillips 66 is cutting at least 1,100 jobs by the end of this year as the refining giant seeks to slash costs and steer a larger chunk of its soaring profits to shareholders. At its investor day meeting in New York Wednesday, Phillips 66 detailed plans to slim down in a…