Marathon Petroleum Eliminating Jobs
This story has been updated with a statement from Marathon Petroleum.
Marathon Petroleum is making job cuts.
Reuters is reporting that Marathon began eliminating jobs across the company on Tuesday.
It’s not yet clear how the company headquarters in Findlay will be affected.
The ongoing pandemic continues to depress demand for products and services in the petroleum industry.
The company says it will announce its third-quarter financial results on November 2nd.
Marathon announced in August that it was selling its Speedway gas stations to 7-Eleven.
You can read more about that deal here.
UPDATE: Marathon Petroleum provided WFIN News with the following statement:
We are in the process of communicating with our employees about measures we announced earlier this year to strengthen Marathon Petroleum for short-term and long-term success. These measures include an evaluation of how roles throughout our company will support the future-focused activities we have prioritized. In the interest of ensuring we communicate these changes to our employees first, we dont have additional information to provide at this time.