Bartlesville Phillips 66 location to 'release' 100 employees - Examiner Enterprise

Bartlesville Phillips 66 location to 'release' 100 employees

Phillips 66 announces 100 employees to be released through 2024 at Bartlesville location
Andy Dossett

Phillips 66 announced 100 local employees will be "released" during a transitional period through 2024 as part of what the company calls a "business transformation."

In a media statement filled with corporate jargon, the company said the local job changes would affect employees in controllers, international finance and procurement operations. P66 said no employees will be released immediately.

In total, 430 jobs globally will be impacted by its "companywide effort to ensure process efficiency and enable sustainable savings."

"Phillips 66 will also partner with outside companies to execute certain processes within these groups. These changes include employees and contractors at the Phillips 66 Business Operations and Innovation Center in Bartlesville, Oklahoma," the release said..

These recent efforts align with their commitment outlined in 2022 Financial Results to "increase shareholder value" by cutting operation costs by $1 billion and committing to ever-increasing shareholder distributions.

Since 2019, Phillips 66 has been "driving leaner organization" by reducing their workforce by over 2,000 employees.

Phillips 66 remains one of the largest employers in Bartlesville.