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DCP - DCP Midstream reduces cost workforce and capital
DCP Midstream LP
In response to COVID-19 pandemic, DCP Midstream, LP (DCP+8.9%) announced a 15% workforce reduction across its nine-state footprint, voluntary reduction of senior executive base salary and variable compensation by between 15% and 10% and other internal cost savings will result in $40M of incremental retained cash flow.
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