Some people were laid off from chevron between 2018-2019 without any packages and the rationale is that they were given two chances to post in pdc. Can they possibly sue cvx for 0 severance?
Severance enhancement is true, 10-15% reduction of cvx employees. Whoever is posting some of these leaks is awesome
Look at Joe Geagea’s email / workplace post
What happens tomorrow...May 26th
EOI responders receive answers
MW workplace post comments
Who in their right mind thinks that optimistic responses to MW's workplace posts are a factor that influences whether you get cut or not? I certainly don't and I'm going to go out with my spine intact. Know your #selfwirth
BP cutting leadership positions to 120 from 250.
https://www.upstreamonline.com/finance/bps-looney-halves-top-management-roles-in-energy-transition-plan-report/2-1-813694
Dividend Cuts
Why don't we cut the dividend? The shareholders OWN the company. All Chevron employees from MW to the newest hire on the payroll work for the shareholders. They are the people who's interest will be served as priority #1. When you are in charge of... — read more
https://seekingalpha.com/article/4349205-chevron-vs-exxon-mobil-significantly-lower-risk-of-losing-money-exxon-mobil
Chevron Vs. Exxon Mobil: Significantly Lower Risk Of Losing Money With Exxon Mobil Chevron and Exxon Mobil are both highly popular choices for dividend investors, despite their volatile earnings. Throughout recent years, the dividend yield... — read more
Why?
This is sincere and I am not trying to be obtuse - Why not just cut the dividend by a cent? Two cents? Why not take a voluntarily pay cut for executives? Why do we preach buzzwords about change but have the same people in executive roles?... — read more
Is the severance considered as normal pay.?
count for pension and 401(K)??
They told us in Horizons not to worry about oil prices, just enjoy our careers . i plan to do just that
i know i will be up for that expat rotation and compensation uptick soon.
Expats repatriation! Any latest Updates?
Heard that local HR is working with global HR on this, it took forever, perhaps the numbers is just too high....thoughts?
EVP requesting feedback
The feedback rich culture we are trying to achieve apparently includes JWJ asking for feedback on how to do better. Just trying to picture GLK asking something similar, that’s a laugh. I’m struggling with seeing such a degree of feedback up and down... — read more
The time has come... next week. MW posted in workplace that we will get updates about hard decisions next week
What do you think the updates will be?
How fun would Unocal have been in this commodity market ?
Asking for a friend
GOMBU is officially “work from home” from now till retirement
That’s great news . Spreading the love around the pelican state
Chevron to postpone layoffs
CVX board believes it's unfair to layoff people as they have done nothing wrong but work their backsides off. It's a once in a lifetime time event that smashed the oil prices, but in due course prices will be back to $50 a barrel and hence we... — read more
Service Companies Disappearing
Serious question here and wanted to see what personnel from a major oil company think about this topic. I will throw in a disclaimer, I work for a major service company. The story of major service companies in our industry for the last 20 years has... — read more
Oil price up
With oil prices picking up they may reduce layoffs from 30 % to 10%
Severance will be 3 weeks instead of 2
Due to the pandemic. I'm not sh–ting you.
When all you know is Chevron
You become more vulnerable, less independent, more anxious, less entrepreneurial, more insecure, less curious. EOI aside, the real questions are: Can I really survive outside with what I know? Do I really know how to manage a project? Do I have... — read more
Suspension for Transportation Payroll Deductions
Why are we still being charged via payroll deductions for transportation options when no one is commuting?
Is anybody safe?
I wish I could be as confident as some of my coworkers who are not worried at all about potential layoffs. They think they are safe. They have years with the company, experience, knowledge...and they believe that makes them untouchable. I have the... — read more
Focus on Your Work
All. How many people have been told to not worry about the layoffs and "focus" on your work? The people that are making those statements are out of touch. They know they are safe just like the officials telling everyone that they need to stay at... — read more
Houston Office opening date.. best guess
Anyone have insight? Best guess? Think before cool starts?
Scaled agile framework anyone?
A horrible process that should not be able to continue at current oil price. Before COVID, these 2 day planning meetings would book up all the rooms in 1500 and 1400.
EOI = severance + what?
Does it include extra 2 months pay for Warn act or does it mean you have to work extra 2 months before exit? Does it include vacation payout or do you need to use your vacation before exit?
The Future of Exploration
Capital budget is way, way down but there still a lot of high paid (PSG 27-28) managers, many of them expats, overlooking no exploration drilling. Most of the current budget goes to G&A, which is salary costs. Considering there is no, and will be... — read more
Will young careers/Horizons be let go?
What's going to happen to people that just started or have less than 2 years experience with the company? For some it will be their 1st time going through a downturn
Other layoffs.
I just read an article about layoffs with Occidental. I think it is interesting how they are handling it. “Interested employees can submit a resignation offer to Occidental through May 26, specifying the number of months of base salary that they... — read more
Will parts of Chevron do what Twitter just did? WFH Forever!
The article: https://www.cnbc.com/2020/05/12/twitter-tells-employees-they-can-work-from-home-forever.html
When will we be notified of layoffs?
Now that we know they're coming, how long do you think they'll keep us in suspense?
First Australia, then us
https://www.pipeliner.com.au/2020/05/11/chevron-to-cut-up-600-australian-jobs/ Chevron to cut up 600 Australian jobs Chevron Australia is planning cut 20–30 per cent of its Australian workforce, according to an internal memo seen by the... — read more
Everyone In HES Will Have A Job Or I Will Resign. Repeated twice in the last HES Town Hall.
Well, we will see on the 12th if we all have jobs or if the VP of HES resigns. A man is nothing if he doesn't keep his word. This will be how he is remembered when you look back on his career.
Accelerated EOI window closed
I opted for the EOI. Let us hope for the best.
I will be repatriated to my home country, what's next?
I am currently on rotational assignment and just been told by phone that I will be repatriated to my home country (base) shortly. Anyone know what's the path forward?
CTC Org Chart, anyone?
Heard from the street that the new CTC org chart has been approved. Does anyone have a copy to show?
Expat Positions Reduced
Any news on expat positions being reduced? I’m all for expatriates but at times like this, it’s fair to see expat positions significantly reduced. This potentially could save extra regular payroll positions.
Rig Count
The total number of oil/gas drilling rigs in the United States is expected to reach an all time low this week, below 404, reflecting data that goes back 80 years. Drillers have been cutting an average of 55 rigs per week since mid March. Total rig... — read more
If you are at home, now is the time to get on a project...
TPS numbers shared below are correct but Mike set a target not an absolute. These numbers are goals. We have to look at what comes out as a recommendation from the BUs. Granted they have to move fast. We also have to content with the potential... — read more