In order to reduce costs by more then $300 million
this year, the New York Times is reporting that Sunoco will cut 750
jobs, roughly 20% of their 13,500-person work force.
Cuts are being blamed on the recession and
lowered consumer demand for gasoline and diesel fuel. Sunoco plans to
offer severance packages to all laid off workers, as well as offering
some hourly employees buyouts.
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