DCP Midstream Closing OKC Office, Cutting Jobs

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DCP Midstream lowered its payroll, affecting about 20% of its employees in corporate staff functions. With this corporate restructuring, DCP Midstream will close its Oklahoma City regional office and reduce the workforce in its Tulsa and Midland offices, relocating functions in those locations primarily to its Denver headquarters and Houston regional office.
  “With a 90-year history, we are repositioning ourselves for the long term and ensuring we have a sustainable workforce that meets our future needs,” said Chairman and CEO Wouter van Kempen. “While this transition is difficult, we are establishing DCP for continued growth founded upon a culture of operational excellence.”