Stripes Relocation Will Mean 161 Employee Layoffs
CORPUS CHRISTI, Texas — Sunoco LP will lay off 161 Stripes LLC employees beginning April 1.
Sunoco, which acquired Stripes parent Susser Holdings Corp., said the layoffs are necessary as it brings certain leadership roles and support functions to its Dallas headquarters. The 161 jobs will be eliminated from Stripes' Corpus Christi headquarters in a phased two-week period, according to KRIS-TV.
News of the layoffs came to light as Sunoco had to submit a letter to the Texas Workforce Commission (TWC). According to the news outlet, the TWC must be notified whenever a layoff involves a large number of employees so that it can bring in resources to help affected employees get work elsewhere. Sunoco’s senior vice president of human resources, Teresa Gavigan, sent the letter to the TWC on Jan. 28.
No individual Stripes store employees are expected to be affected by the move.
Energy Transfer Partners LP purchased Susser Holdings Corp. in April 2014 for $1.8 billion. The master limited partnership has since dropped down these retail assets to Sunoco LP.