Phillips 66 to Lay Off Most Workers at Los Angeles Refinery

U.S. refining giant Phillips 66, which will close its LA refinery later this year, will lay off in December most of the workers at the plant, Reuters reports, citing sources with knowledge of the plans.   Last October, Phillips 66 said it would shut down its refinery in the Los Angeles area in the fourth quarter of 2025, due to “market dynamics.” Approximately 600 employees and 300 contractors currently operate the Los Angeles-area refinery, Phillips 66 said when it announced the closure. “We understand this decision…