Oh, I feel for your friend. Did he work there for a long time, if you don’t mind me asking? I understand he worked in the IT department, where many people lost their jobs. As for the reason, I saw an article on Gettransport https://blog.gettransport.com/news/job-cuts-chevron-phillips-chemical-overview/ that said it was due to the company’s logistics industry not keeping up with the times, and it was time to make some changes. Therefore, senior management laid off those specialists whose services they no longer needed and focused on partial outsourcing. But at the same time, the company provided people with severance pay and support services for those who found themselves in a difficult situation, which is a very decent move.