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Oil Refiner Marathon Says 12% of Workforce Affected in Jobs Cull

  • Total of 2,050 employees affected by planned reductions
  • Marathon idled refineries due to virus impacting fuel demand
Photographer: Luke Sharrett/Bloomberg
Updated on

Marathon Petroleum Corp. is slashing its workforce as the largest independent U.S. oil refiner adjusts to gasoline demand that’s showing no sign of recovering to pre-pandemic levels.

The idling of refineries in Martinez, California, and Gallup, New Mexico, plus others measures including cuts at the company’s headquarters will affect about 2,050 employees, Findlay, Ohio-based Marathon said Wednesday in a filing. The job cuts and open positions that Marathon won’t now fill represent about 12% of its overall workforce.