I was hopeful to hear more about the EOI by now. Especially with AMBU having their lay-offs in April. I thought they might want to find a few volunteers that are willing to be displaced by those anxious and Nervous AMBU employees that are willing... — read more
Master thread for CoronaVirus and impact on Chevron
What is next for us? Keep calm and carry on…
Lack of PSG increases?
Despite multiple 2+ rankings, I was told by my supervisor there were a VERY limited number of PSG increases at the end of year. One would assume this has to do with the EOI. Has anyone else heard similar?
April layoffs
In case somebody missed it. "Chevron Corp. will be launching a round of layoffs beginning April 6 as it sells its Appalachian natural gas operations, according to a WARN notice the company sent to the Pennsylvania Department of Labor & Industry... — read more
2015 Coming to You
Big time layoffs this year. Gloat and brag all you want. It will be a wonderous day to behold.
enhanced EOI packages
This will be done to avoid a selection process
company wide EOI reductions. predictions
we continue to hire..currently 100 plus postings in North America..a new position created a few years ago called "Advisor" and always comes with a hefty PSG and no accountability to the bottom line. Where is the disconnect in our company?
EOI in staying
Without knowing what the new detailed structure will look like, betting on leaving is just as dangerous as betting on staying (and risking the outcome of the massive reorg that is coming). 5-6 months will likely pass to adjust for the market... — read more
DOW and Oil Futures Down Again
So far this morning, DOW down around 300 points and WTI down around $1.57 to $45.52/barrel. Face it, the headcount reduction numbers will be steadily increasing the longer this virus c-ap goes on.
Expression of Interest date
Any info out there on when last day of employment will be if EOI agreed to. I'm hearing there will be a great deal of flexibility, varying from BU to BU.
Coronavirus hou1400
I no see any correspondence on this matter but it was reported an engineer on the 19 level recently traveled from northern italy and he was seen by medical at the hou1400 clinic he was cleared and asked to go on quarantine Chevron should be... — read more
Let’s play count the consultants...
How many teams of consultants do we have? And where? Let’s make a list. I’ll go first... D2D- McKinsey Functional transformation- BCG Upstream evolution-BCG Imagine IT- BCG Downstream strategy- Deloitte Where else?
Coronavurus...we have been warned it’s coming
Do you think for a minute the company has thought about this and how it might handle business? Travel is still allowed everywhere but mainland China. I guess you can’t expect Chevron to be forward thinking... we have such a diverse work force it... — read more
Chevron now a "Has Been"?
Stock price been c-appy past year, no or very little growth. Is Chevron on the way to becoming another XPOM, both bloated behmoth oil companies. Is it time to get out of Chevron?
New PMP
The new PMP has to be a HR joke. They have literally kept the worst part of the PMP, that we all hated and done away with the only objective part of it that worked. Does HR live on another planet? Do they not actual understand the business we work... — read more
When the CEO has no clue on how running an E&P company
R TO R ratio is 44% for the past year lowest of all majors, MW is so into digitization and transformation that is missing the main bread and butter all companies need, reserves, instead he is pulling out of countries and cutting costs only. Embrace... — read more
100% CO for PSGs
Anyone have the 2020 100% CO targets for each PSG?
WORKDAY and your SSN
Welcome to Workday. In the design phase of Chevron's Workday implementation, it was intentionally decided that the SSN of Chevron employees would be included in the "CR Employee Roster". CR stands for custom report. Yes, they customized including... — read more
AMBU LAY-OFF IN NEWS TODAY
https://apple.news/AwUqMVLgsS-SU3zYKMpVLOQ
Enhanced severance for EOI people
I’m hearing this rumor and that it will be different from Bu toBU, down to department level. I started the check your email post.
Company Wide EOI. Predictions.
The headcount reductions are going to be large with this news. In 2014 we had 60k employees. We had 45k at the end of 2018. Those numbers are from the annual reports. We shrunk 25 percent without company wide EOIs. What are the headcount reductions... — read more
EOI coming
Check your email
Why all the negative ????
I agree that it’s unfortunate that Chevron is in this downturn. I also agree that senior leaders have made large mistakes (I.e. project overruns, bad portfolio purchases, etc). But I’m pleased to see urgent action being taken right now. Yes it’s... — read more
The Elephant in the room
What irritated me about the town hall was Mike Worth talking about supervisors ignoring what is happening and hiding in their office to avoid discussing it. This guy is the CEO, set an example. While they did mention "headcount" changes, I... — read more
port arthur plant
padc sweatshop.messed up my spine and knees,now after retiring 30 years,60 hour weeks .im confined to a walker,,,chevron should treat there former employyes better,and not throw them out to thr garbage,,,
So who's doing better so far? JW or MW
MW is more of a fail whale IMO.
What has been the worst travel experience you've ever had?
Crazy delayed flights or no hotel availability… Something else?
For Chevron employees now retiring. Lump Sum or Annuity?
This long thread is amazing - 15,000 views and 77 replies @OP+EBvQOkT or https://www.thelayoff.com/t/EBvQOkT
Keep it simple!
I've been a Chevron employee 40 years. Started with Gulf Oil so I have been through mergers , re-orgs and all the down turns in the Industry. I would think that Chevron management would be capable of handling this critical time without the help of... — read more
Is Chevron a good first job for a brand new Chemical Engineer
I know this is a layoffs site but no other forum exist. I see reviews on Glassdoor are mixed and here they are mostly negative (I am expecting it as it's a layoffs website). Anyhow, if you were to advise a new graduate, would you recommend... — read more
Town Hall Sham
Did M.W.’s handlers completely ignore the top rated poll questions during the February 12th evening session like they did on the February 13th morning session? All that talk about trust, transparency, feedback, and leadership..... SAME CHEVRON...
Are Gorgon and Wheatstone Profitable
LNG prices are down. Add in low oil price and it does not look good. Especially for your job.
Plan
Every job and company has its latrines, so moan about the ones where you are but know there will be something else you will moan about at the next place too. Save your money while you make it and invest till you have FU money, but remember there... — read more
Taking a VSP or EOI
If I am offered either VSP or EOI, as a person ready to retire, what are the drawbacks Of taking advantage of VSP or EOI, if there are any?
Chevron Europe hiring?
Saw this advertisement online and wanted to know more. Chevron values integrity, trust, diversity and ingenuity as a company and in our employees. In the United Kingdom, Chevron hires full-time employees with education and experience in one or... — read more
Reserves Replacement Down The Tube
Analysts presentation revealed a 44% Reserves Replacement Ratio for 2019. That’s a pretty alarming downturn from the +100% rates we’ve been enjoying over the last few years. The GM of Global Reserves liked to chest thump on the good news, will he... — read more
And then there were three...
Apparently the CEEMEEP President didn’t score a chair when the music stopped.
Affects of Upcoming Staff Reduction on Pensions
Does anyone have any thoughts or insight to offer on the effects of the upcoming layoffs on the pension fund, the availability of the various options, and if would be a good idea to cash out. The price of oil seems to be on the rocks again and like... — read more