In a letter sent to the governor and Alaskan lawmakers, Alyeska Pipeline Service Company announced plans to cut roughly 10 percent of the pipeline's workforce.

To achieve the cuts, according the letter, APSC will realign into three divisions including Operations and Maintenance, Engineering and Risk, and Chief Financial Officers.

APSC President Tom Barrett says the overall size of the workforce will shrink, impacting jobs at all levels of the organization in Anchorage, Fairbanks, Valdez and field locations.

In the letter Barrett wrote, he said, "Many jobs will be modified, and some eliminated, at Alyeska and in some contractor companies."

"This will have negative impacts for some individuals and create new opportunities for others," Barrett continued. "It will affect personnel at all levels of the organization, and at Anchorage, Fairbanks, Valdez and field locations."

Alyeska says they plan to notify all employees affected by the cuts in early November.