HollyFrontier announces plan to lay off employees
June 3, 2020
CHEYENNE— HollyFrontier Corporation announced Monday that it will be laying off about 200 employees at its Cheyenne refinery over the next 18 months.
The layoffs will come as part of the company’s plan to convert its Cheyenne oil refinery into one that processes diesel fuel from renewable materials.
HollyFrontier CEO Mike Jennings said in a statement Monday that the challenges of high operating and capital costs, compounded by the effects of COVID-19, forced the shift in operations at the refinery.
“We realize that this decision affects many employees, their families and the community...