U.S. oil refiner Marathon Petroleum cuts 12% of staff because of pandemic
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Marathon Petroleum (MPC) approves involuntary workforce reduction plan
September 30, 2020 4:14 PM EDTMarathon Petroleum (NYSE: MPC) disclosed:
As indicated in its August 3, 2020 second-quarter earnings press release, Marathon Petroleum Corporation (MPC) has been advancing certain strategic priorities to lay a foundation for long-term success, including plans to optimize its assets and structurally lower costs in 2021 and beyond. As part of this effort, and in recognition of the impacts of the COVID-19 pandemic on MPCs business operations and financial position, on September 29, 2020, MPC... More
