Dcp midstream announces cost, workforce, and capital reductions

Denver, april 13, 2020 (globe newswire) -- today, in response to unprecedented market conditions and an uncertain economic outlook caused by the covid-19 pandemic, dcp midstream, lp (nyse: dcp) announced a 15% workforce reduction across its nine-state footprint. the company is providing severance packages, subsidized health coverage, and outplacement counseling for impacted employees.
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