I just read an article on Yahoo that Amazon is changing its forced rankings of employees. They call it the Hunger Games approach to performance ranking. I wish Chevron would do the same thing. Pitting employees against each other is terrible for... — read more
2017 Chevron Retiree Healthcare Plans
I was laid off last June and will be off subsidized COBRA on January 1. I am 58 and have a spouse and 2 children to support. I have 36 years of service and qualify for 100% Chevron medical contributions and I was planning to move onto a Chevron... — read more
is Chevron as bad or worse?
"ExxonMobil Is Digging Its Own Grave" http://finance.yahoo.com/news/exxonmobil-digging-own-grave-150000943.html
Pension lump sum timing
Already retired from Chevron and working elsewhere, time has come for me to take the pension lump sum. A December payout has the lowest interest rates, and thus largest lump sum, used in the calculations since at least 2003. With the 0.1% increase in... — read more
Employee Survey
Been a month and still no results. The feedback must have been horrible.
Tracking Status : Delivered to Agent ?
When I sent some paper work to Chevron HR service PO box via certified mail, the tracking status says delivered to Agent, anyone know what that means ?
Why did you get laid off?
The news today reports only about 15% of US oilfield workers have lost their jobs in the current slump. That means 85% have stayed fat and happy. For those of you on the far side of the mountain, what do you think led you there? What tips do you have... — read more
Crude Oil Price Dropping - Again
As I write this, the price of crude oil is $43.73, down 93 cents. It was $51.60 on October 19. There will be no permanent agreement on a production freeze or cutback among major oil producing countries. Many recent news articles are projecting the... — read more
Covington closing this year!
Just heard they will be closing the doors this year at Covington
Why the dislike of helping others - medical care
This is not CVX specific (so no doubt some sad twat will chastise me for that...), however in a number of posts I detect a resentment towards those who have not achieved the stereotypical success admired by many - namely accumulation of material... — read more
Retired and pension options
I am getting ready to move my pension what are the pros and cons of leaving it with Vanguard. I am taking a lump sum. If you are under 59.5 have you done a 72T. I have had my 401K managed by Vanguard. Have you found better rates and options out... — read more
Life after Retirement
How has life for folks who have retired from Chevron since 2014 ? . Happy, Bored, financially Secure or Starting to miss the Paycheck ?
WSJ article relates to job cuts Updated Oct. 28, 2016 1:58 p.m. ET
...Pressured by the prolonged swoon in oil prices cutting into profitability, the San Ramon, Calif.-based company has looked to cut costs. Chevron has said it would cut about 8,000 jobs—up to 12% of its workforce—and slash billions of dollars from... — read more
3rd quarter results
What to expect? Hopefully no more layoffs for this year.
Chevron increases quarterly dividend by a penny
I guess the key is to be able to say down the road we increased the dividend every year, even if the whole company needs to be burned in the boiler to make this stream. Hummmm ... Let me guess what metric defines top level management bonuses.
Down played CVX experience
I was let go in July. I got a better job last week by downplaying CVX experience. I told the interviwer CVX is a crap company who let go good pople. I also said CVX is soon going to be in big mess as it invested in major projects assuming $90 price... — read more
ROM / Layoff in 2017?
Heard a rumor that there will be some significant headcount reduction in 2017. Anyone know more about this?
Thought of the day
Insanity in individuals is something rare. But in groups, parties, nations, and epochs it is the rule. - Friedrich Nietzsch I would add "annonymous layoff blogs" to that list
Richmond Refinery Upgrade
So I read today that Chevron, aka 'The Chev' will spend 1 billion dollars to upgrade the Richmond Refinery (in California) to meet the gasoline requirmeets of that state. It seems that the land of nuts and fruits has unique gasoline blends to meet... — read more
GOMBU Shelf
So last of the shelf is being sold, nvr mind all our efferts. Wonder how much they got for selling us out to Cox and Arena. How can they make money and we cant? M-F-ers
When will CVX go bankrupt
At $50 oil price it will take 2 years for filing bankruptcy in my opinion.
FLU SHOTS!
What the hell am I missing? Charging $21 at the office for a flu shot!? We can go to a free clinic, or a retail clinic for $9 or free with insurance. Chevron should expect high absences due to flu this year. This is beyond ridiculous.
Land at Chevron is largely a joke
I work with CVX from time to time on onshore and offshore JOA issues. That land department is a clown show and has been for years. Some of these people have been around since the dark ages and have no idea what they are doing or any concept of Ops... — read more
Any news on the progress of South Asia asset sale (gas fields of Bangladesh)?
Chevron needs to get to that $10B in asset sale for 2017 to maintain its dividend. Where do we stand now?
Enjoying My Laid Off Time
Well here I am traveling up the east coast visiting my family and old friends. Been to New Orleans, Starkville Ms, Greenville SC, and Washington DC. Today I drove on the Skyline Drive on the Blue Ridge Mountains, through Page Valley, over Massanutten... — read more
Contingent Labor Management Implementations
why is the enterprise spending so much money and wasting resources when there is no clear global category management position where standard job templates are concerned, the enterprise team is does not listen and keeps claiming that the same... — read more
Too Little, Too Late
Well, the price of oil is up to $51.74 today. Just think, if all of the MCP's, especially Gorgon/Wheatstone, had not been so screwed up by Chevron management, many people would not have been laid off. The Permian basin is projected to produce over 2... — read more
Hey all you laid off CVX engineers, guess who just posted a Res Eng position?
https://jobs.chevron.com/job/Houston-Reservoir-Engineer-Tight-Rock-Unconventional-Texa/370271100/
What are some better companies than CVX?
Looking to jump this sinking ship. Anyone know of other companies with similar pay and benefits?
Trouble in Angola?
Who would even buy Sonangol's share? http://www.makaangola.org/2016/10/the-chevron-ultimatum-sonangol-has-one-week-to-save-itself/
Bridges Program for Retirees
Anyone got any experience with the bridges program for retirees ? Is it a rarity to be engaged in this way ? Just curious.....
Forced ranking this year. Another round is on the way.
Forced ranking this year. More layoffs on the way.